Q.

Which of the following is not a contingent liability?

A. Claims against the company not acknowledged as debts
B. Debts included on debtors which are doubtful in nature
C. Uncalled liability on partly paid shares
D. Arrears of cumulative fixed dividends
Answer» B. Debts included on debtors which are doubtful in nature
1.6k
0
Do you find this helpful?
13

View all MCQs in

Financial Accounting

Discussion

No comments yet