Question:

The following are the items appearing in Equities and Liabilities side of Balance Sheet
A. Deferred tax Assets (Net)
B. Reserve and Surplus
C. Deferred tax Liabilities (Net)
D. Long term borrowings
E. Long term loans and Advances
Choose the correct answer from the options given below:

Updated On: Mar 27, 2025
  • A, B and C only
  • B, C and D only
  • B, C, D and E only
  • A, D and E only
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The Correct Option is B

Solution and Explanation

The correct option is (B): B, C and D only
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