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Question
Match the following:
| (i) | Proposed Dividend for Current year | (a) | Contingent Liability |
| (ii) | Uncalled Liability on partly paid shares | (b) | Commitments |
| (c) | Current Liabilities |
Choose the correct option:
Options
(i) - (a), (ii) - (b)
(i) - (a), (ii) - (c)
(i) - (b), (ii) - (c)
(i) - (c), (ii) - (b)
MCQ
Match the Columns
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Solution
(i) - (a), (ii) - (b)
Explanation:
| (i) | Proposed Dividend for Current year | (a) | Contingent Liability |
| (ii) | Uncalled Liability on partly paid shares | (b) | Commitments |
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