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Why is proposed dividend shown as …

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Why is proposed dividend shown as contingent liability

    • Posted by Ekta Ahlawat 5 years, 9 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Reyansh Sharma 5 years, 9 months ago

    proposed dividend is not shown as a short-term provision in the current Balance Sheet of a company but disclosed in Notes to Accounts under Contingent Liabilities

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