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Question
Which one of the following items is shown under the heading ‘current liabilities’ in the Balance Sheet of a company?
Options
Investments
Reserve Fund
Unclaimed Dividend
Livestock
MCQ
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Solution
Unclaimed Dividend
Explanation:
Unclaimed Dividend refers to the dividend that has been declared by the company but not yet claimed by shareholders. Since it is payable within a short period, it is shown under:
Current Liabilities → Other Current Liabilities
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