2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Financial Statement Of Company

12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Claim against the company not yet acknowledged as debt, is a :

    A) Current Liability

    B) Provisions 

    C) Reserve and Surplus

    D) Contingent Liability

    Correct Answer: D

    Solution :

    Contingent Liability


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