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

  • question_answer
    Under which heading the item 'bills discounted but not yet matured' will be shown in the balance sheet of a company?

    A) Current Liability

    B) Current Assets

    C) Contingent Liabilities

    D) Unamortised Expenditure

    Correct Answer: C

    Solution :

    [c] Contingent Liabilities


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