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Which of the following is not a contingent liability?
Accountingmedium
Debts included in Sundry Debtors which are doubtful in nature
Bmay be called up in the event of necessity, claims against the company not acknowledged as debts (c ) they may or may not turn out to be debts in future. Arrears of cumulative fixed dividend
CClaims against the company not acknowledged as debts
Dare contingent liabilities.
Correct Answer: A. Debts included in Sundry Debtors which are doubtful in nature
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