Dividend account, Dividend mandate, Unpaid/Unclaimed dividend account
Q.1 (D) (iv) Dividend account, Dividend mandate, Unpaid/Unclaimed dividend account
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Answer: Dividend mandate
Dividend account and Unpaid/Unclaimed dividend account are separate bank accounts opened by the company for dividend, while a dividend mandate is an instruction given by the shareholder to the company to credit the dividend directly to his bank account.
Doubtly AI
· 28 Oct 2026
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