where unclaimed dividend will come in the balance sheet?

Answer Posted / sreenatha reddy a

According to the Companies Act 1956 Unclaimed Dividend should be Transfered to the Investor education and Protection Fund Account This Should Shown Under Current Liabilities as Unpaid Dividend in the Balance Sheet

Is This Answer Correct ?    71 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me do you have any idea about service tax or excise?

609


List out some of the accrued expenses and the accounts in which you would record them?

594


how can we get a leaverage in intraday market if are not a professional acount holder?

1647


What are the 4 principles of gaap?

652


What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?

1174






What is meant by calendar maintenance?

688


What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?

1098


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

10487


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13470


Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

1803


What is aggregate Liabilities ?

1758


What is purchase returns accounting

614


What is accounting ethics?

631


What are the advantages of double entry system?

650


what is core accounting?

1845