A company has an operating cycle of eight months. It has accounts receivables amounting to ₹1,00,000 out of which ₹60,000 have a maturity period of 11 months. How would this information be presented in the balance sheet?
(A) ₹40000 as current assets and ₹60,000 as non-current assets.
(B) ₹60,000 as current assets and ₹40,000 as non-current assets.
(C) ₹1,00,000 as non-current assets.
(D) ₹1,00,000 as Current assets.
(D) ₹1,00,000 as Current assets.
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