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Question

Which of the following is not a subhead under the Current Assets?


A

Cash and Cash Equivalents

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B

Trademarks

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C

Short-term Loans and Advances

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D

Inventories

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Solution

The correct option is B

Trademarks


Answer: B. Trademarks

Trademark is an intangible asset that does not have a physical existence, therefore it is classified as a non-current asset.

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