6 :- State giving reason whether Trade Receivables are classified as Current Assets or Non – Current Assets in the Balance Sheet of a Company as per Schedule III of the Companies Act, 2013 in the following cases;

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7 :- State giving reason whether Trade Payables are classified as Current Liabilities or Non – Current Liabilities in the Balance Sheet of a Company as per Schedule III of the Companies Act, 2013 in the following cases :

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