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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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