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Claims against the Company not acknowled...

Claims against the Company not acknowledged as debts' is shown under the head ............

A

Current Liabilities

B

Non-Current Liabilities

C

Commitments

D

Contingent liabilities

Text Solution

Verified by Experts

The correct Answer is:
D
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DK GOEL-FINANCIAL STATEMENTS OF COMPANIES-MCQ
  1. Bills Receivables appear in a Company's Balance Sheet under the Sub-he...

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  2. Trade Investments appear in a Company's Balance Sheet under the Sub-he...

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  3. Claims against the Company not acknowledged as debts' is shown under t...

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  4. Unclaimed dividend appears in a Company's balance Sheet under the Sub-...

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  5. Interest accrued and due on debentures appear in a Company's Balance S...

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  6. Interest accrued but not due on loans appear in a Company's Balance Sh...

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  7. 6% Debentures appear in a Company's Balance Sheet under the Sub-head ....

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  8. Interest accrued on Investments appear in a Company's Balance Sheet un...

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  9. Accumulated Dividend Arrears' on preference shares is shown in the Com...

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  10. 50,000, 9% Debentures redeemable within 12 months of the date of Balan...

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  11. Which one of the following is Commitment ?

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  12. Which of the following items is shown under the head 'Current Asset' w...

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  13. Which preparing the Balance Sheet of a company 'Underwriting Commissio...

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  14. which of the following items is shown under the head 'Current Liabilit...

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  15. while preparing the Balance Sheet of a company 'Securities Premium' is...

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  16. Which of the following items is shown under the head 'Non-Current Asse...

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  17. Under which heding the item 'Bills Discounted but not yet matured' wil...

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  18. Which one of the following items is shown under the heading 'current l...

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  19. While preparing the Balance Sheet of a Company which item is shown und...

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  20. Share Capital of a Company consists of 5,00,000 Shares of Rs. 10 each,...

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