Teaching Accountancy Company Accounts Question Bank MCQ - Company Accounts

  • question_answer
    Which of the following is not a preferential creditors?

    A)  All sum due to employee from a provident fund, pension fund, gratuity fund or any other fund maintained for welfare of employee

    B)  Compensation under workmen’s compensation act

    C)  Amount due under employees state insurance act for 12 months previous to the winding up

    D)  Amount due to employee under amalgamation or reconstruction.

    Correct Answer: D


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