Question

Unclaimed Dividends are shown under Current Liabilities in the Balance sheet. true or false

Answer 1

true
because it is with the company till the time of making of balance sheet

Answer 2

Yes, It is completely true that Unclaimed Dividends are shown under Current Liabilities in the Balance sheet.

Unclaimed dividend is a short term liability which need to be paid in the next years. This has to be shown as current liability in balance sheet.

Unclaimed dividend is shown on the liability side of a balance sheet under the head “Reserves and Surplus” along with capital.

Non-current liabilities are reported on a company's balance sheet along with current liabilities, assets, and equity.