Advanced AccountingQuestion 5284 of 305
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3. Current liabilities

Options

ATrade Payables 1,30,000
BShort term borrowings – Bank Overdraft 65,000
COther Current Liabilities (Interest payable on Debentures) 45,000
DShort term provision (Provision for Income Tax) 1,00,000 Total 15,40,000 Assets
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Correct Answer

✅ Option A — Trade Payables 1,30,000

All Options:

  • ATrade Payables 1,30,000 ✓
  • BShort term borrowings – Bank Overdraft 65,000
  • COther Current Liabilities (Interest payable on Debentures) 45,000
  • DShort term provision (Provision for Income Tax) 1,00,000 Total 15,40,000 Assets

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Detailed Solution & Explanation

This question is a parsed fragment from the Suggested Answer of the examination. It presents calculations relating to the accounting treatment of convertible debentures, lease payments, employee benefits, or financial statement items under AS 20, AS 19, AS 15, and Schedule III. Based on the parsed data and structural context in the suggested answers, Option A is the correct answer.
Hence, **Option A** is the correct answer.

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