Advanced AccountingQuestion 5314 of 305
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3. Current liabilities (

Options

ATrade payable 40,000 25,000 (
BShort term provisions (Provision for tax) 15,000 10,000 Total 9,41,000 6,85,000 Assets
C
D
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Correct Answer

✅ Option A — Trade payable 40,000 25,000 (

All Options:

  • ATrade payable 40,000 25,000 ( ✓
  • BShort term provisions (Provision for tax) 15,000 10,000 Total 9,41,000 6,85,000 Assets
  • C
  • D

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Detailed Solution & Explanation

This question is a parsed fragment from the Suggested Answer of the examination. It presents details of the revised Balance Sheet or Note to Accounts under the Reconstruction Scheme or Cash Flow Statement as per AS 3. 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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