Pre-acqusition dividend
Jay Badiani (Articled Assistant) (26 Points)
20 August 2014
Can anyone plz tell what does pre - aquisition dividend mean ?
Jay Badiani (Articled Assistant) (26 Points)
20 August 2014
n k abhiram
(CA Final , CS Final )
(629 Points)
Replied 20 August 2014
Pre acquisition dividend means A company which pays dividend before it is being acquired/ taken over by another company. Such dividend must be taken to investment A/c and reserves A/c before acquisiton and should not be clubbed with after acquisition reserves
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