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      Question

      Under which head in a company's Balance Sheet is "Unpaid

      Dividend" shown?
      A Current Liabilities Correct Answer Incorrect Answer
      B Non-Current Liabilities Correct Answer Incorrect Answer
      C Contingent Liabilities Correct Answer Incorrect Answer
      D Reserves and Surplus Correct Answer Incorrect Answer

      Solution

      As per Schedule III, unpaid dividend is a short-term obligation and is classified under "Other Current Liabilities".

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