Current liabilities include :
(A) Trade receivables
(B) Unclaimed dividend
(C) Interest accrued but not due on loan
(D) Acceptances
(E) 12% debentures redeemable after four years
Choose the correct answer from the options given below :
Current liabilities include :
(A) Trade receivables
(B) Unclaimed dividend
(C) Interest accrued but not due on loan
(D) Acceptances
(E) 12% debentures redeemable after four years
Choose the correct answer from the options given below :
Solution
✅ Correct Option: 2
Current liabilities are those payable within 12 months. Unclaimed Dividend (B), Interest accrued but not due on loan (C), and Acceptances/Bills Payable (D) all qualify. Trade Receivables (A) are assets, and 12% debentures redeemable after 4 years (E) are non-current. Hence (B), (C) and (D) only.
Related questions:
2025: 22 May Shift 1
2022: 16 July Shift 2
2025: 27 May Shift 2
2022: 16 July Shift 2