Balance sheet fixed or non current assets?

ayesha (mcom) (1185 Points)

30 April 2012  

in may 2012 exams, revised schedule vi is not applicable . so it means that in the balance sheet we have to write FIXED ASSETS and current assets  but  not NON CURRENT assets and current assets. If anybody by mistake writes fixed assets as non current assets IN THE BALANCE SHEET will that student lose marks? plz advise.