Solve
Guides
You visited us 0 times! Enjoying our articles? Unlock Full Access!
A Provisions B Miscellaneous Items C Reserves and Surplus D Current Liabilities
Open in App
Solution
Verified by Toppr
Unclaimed dividend is the dividend which is being paid by the company but the shareholder has not yet taken the dividend or claimed the dividend. Unclaimed dividend is to be paid by the company as and when demanded and hence is a liability for the company. It is a current liability because usually has be met within 12 months.
Was this answer helpful?
3
Similar Questions
Q
1
Unclaimed dividends is shown on the liability side of the balance sheet under the heading ____________ .
View Solution
Q
2
Unclaimed dividend is shown on the liability side of the balance sheet of a company as ___________.
View Solution
Q
3
Under what heads the following items on the Equity and Liabilities side of the Balance Sheet of a Company will be presented : (i) Proposed Dividend (ii) Unpaid/Unclaimed Dividend (iii) Debentures (iv) Matured Debentures (v) Calls in Arrears (vi) Sinking Fund (vii) Provision for Provident Fund (viii) Bills Payable (ix) Public Deposits
View Solution
Q
4
"Proposed dividends" is shown in the balance sheet of a company under the head _______.
View Solution
Q
5
'Proposed dividends' is shown in the balance sheet of a company under the head of _________.
View Solution