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Management Sciences
MEDIUM
ENGLISH
Management Sciences
Which of the following is not a contingent liability?
Debts included in Sundry Debtors which are doubtful in nature
Correct answer
B
Uncalled liability on partly paid shares
Option B
C
Claims against the company not acknowledged as debts
Option C
D
Arrears of fixed cumulative dividend
Option D
Correct answer: A
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