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Practice question

MCQ

Question

What will be the amount shown under the head current liabilities when the following data is given?
Short-term borrowings = ₹ 3,00,000
Trade Payables = ₹ 2,00,000 Other
Current Liabilities = ₹ 1,00,000
Short-term Provisions = ₹ 1,00,000

Options

Choose one · Correct answer highlighted

Explanation

₹ 7,00,000 correct accounting fundamental; capital revenue classification per accounting principles.

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