Current Liabilities are reclassified into major sub-heads.

two

No worries! We‘ve got your back. Try BYJU‘S free classes today!

three

No worries! We‘ve got your back. Try BYJU‘S free classes today!

four

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

five

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C four
Current Liabilities are reclassified into the following four major sub-heads:
(a) Short-term Borrowings
(b) Trade payables
(c) Other Current Liabilities
(d) Short-term Provisions

Suggest Corrections

Similar questions

What is the number of major heads of the current liabilities in a balance sheet?

Join BYJU'S Learning Program