Question
Unclaimed dividend is shown in the balance sheet under
the headSolution
Unclaimed dividend is shown in the balance sheet under the head of "Current liability." This is because unclaimed dividends represent obligations that the company owes to its shareholders, but the shareholders have not yet claimed them. As these obligations are expected to be settled in the near future, they are categorized as current liabilities, reflecting the company's short-term financial obligations.
Ratio of monthly income to monthly expenditure of A is 11:9, respectively and monthly savings of A is Rs. 2880. Find the monthly income of A.
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