📊 Financial Accounting
Q. Which of the following is not a contingent liability?
  • (A) Claims against the company not acknowledged as debts
  • (B) Debts included on debtors which are doubtful in nature
  • (C) Uncalled liability on partly paid shares
  • (D) Arrears of cumulative fixed dividends
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✅ Correct Answer: (B) Debts included on debtors which are doubtful in nature

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