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      Question

      Which of the following will be shown under the head

      Other Current Liabilities in Balance Sheet as per Form set out in Part I of Companies Act 2013?
      A Loans repayable on demand Correct Answer Incorrect Answer
      B Application money received for allotment of securities and due for refund and interest accrued thereon Correct Answer Incorrect Answer
      C Loans and advances from related parties Correct Answer Incorrect Answer
      D Deposits Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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