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.
What is the result when the smallest fraction is subtracted from the largest fraction among the given values: 3/4, 9/2, 5/6, 2/3, and 4/5?
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