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

  • question_answer
    'Accumulated Dividend Arrears' on preference shares is shown in the company's balance sheet as:

    A) Current Liability

    B) Contingent Liability

    C) Commitments

    D) Short-term Provisions

    Correct Answer: C

    Solution :

    [c] Commitments


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