Which of the following is not a contingent liability??

Accounting Mcqs
BILAL KHATTAK0

A. Debts included in Sundry Debtors which are doubtful in nature 
B. Uncalled liability on partly paid shares
C. Claims against the company not acknowledged as debts
D. Arrears of fixed cumulative dividend 

Related Mcqs:

  1. The entry for creating a Provision for bad debts is_____________??
  2. Which of the following is a liability??
  3. Which of the following are/is a current asset??
  4. Which of the following is a current liability??
  5. Capital increases if __________ increases ?
  6. Which of the following will not appear in Profit and Loss Account of a business??
  7. If actual bad debts are more than the provision for bad debts, then there will be a_____________??
  8. The shareholders have limited liability in case of a
  9. Which of the following shall not be deducted from net profit while calculating managerial remuneration??
  10. In which form of Business, owners have limited liability??

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