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Commerce · Q2848

Accounting

Graduate and Post Graduate · Commerce · question 2848

Q2848

Which of the following amounts shall be credited to Investor Education and Protection Fund, if they remain unpaid/unclaimed for seven years from the date they become due?

A.
Matured debentures of a company
Answer
B.
Tax arrears
C.
Proceeds of sale of property
D.
Provision for doubtful debts

Answer: Option A

Solution

Answer: Option A
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