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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 |
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