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Standard XII
Accountancy
Profit or Loss Suspense A/c
Dividend decl...
Question
Dividend declared by a company must be paid in ____________.
A
20 days
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B
30 days
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C
32 days
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D
42 days
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Solution
The correct option is
A
30 days
As per companies act, the dividend declared must be paid within 30 days from the date of declaration.
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