Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ declared between two annual general meeting is known as interim dividend
✅ Correct Answer: (B)
Dividend
Corporate Accounting MCQs and Notes
Q. Dividend declared between two ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is known as interim dividend
✅ Correct Answer: (A)
Annual general meeting
Q. The difference between ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ receivable and dividend received is debited to tax deducted at source.
✅ Correct Answer: (A)
Gross dividend
Q. The difference between Gross dividend receivable and dividend received is debited to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐
✅ Correct Answer: (A)
Tax deducted at source
Q. Uncliamed dividend is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ under the heading current liabilities.
✅ Correct Answer: (D)
Balance sheet
Q. Unclaimed dividend is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the balance sheet
✅ Correct Answer: (C)
Liability side
Q. Unclaimed dividend is shown on the liability side of the balance sheet under the heading:‐
✅ Correct Answer: (B)
Current liabilities
Q. Share forfeited Account is shown on the liabilities side of the balance sheet‐‐‐‐‐‐‐‐‐‐‐‐
✅ Correct Answer: (A)
By adding to the paid up capital
Q. Goodwill in case of a joint stock company is shown on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side under the heading of intangible assets
✅ Correct Answer: (B)
Asset side
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in case of a joint stock company is shown on the Asset side under heading of intangible assets
✅ Correct Answer: (A)
Goodwill