Basic query in accounting
This query is : Resolved
22 October 2013
Respected Sir,
I wil be very much thankful to you.
Q1)Which of the following answer is correct?
Financial year 2011-12 ----------------Face Value Cost
1.4.11 Op.balance 15,00,000 38,25,000
14.10.11Purchases(Issue of Bonus Shares) ---------------- 10,00,000 No cost
31.10.11 Sold 8,00,000 17,60,000
On 1.1.2012 Mr X Received 15% interim Dividend on equity shares of A ltd.
Option –I
15,00,000X15%=Rs2,25,000
Option –ii
(RsRs15,00,000+Rs10,00,000—Rs8,00,000)X15%=Rs2,55,000
I wil be very much thankful to you.
Q1)Which of the following answer is correct?
Financial year 2011-12 ----------------Face Value Cost
1.4.11 Op.balance 15,00,000 38,25,000
14.10.11Purchases(Issue of Bonus Shares) ---------------- 10,00,000 No cost
31.10.11 Sold 8,00,000 17,60,000
On 1.1.2012 Mr X Received 15% interim Dividend on equity shares of A ltd.
Option –I
15,00,000X15%=Rs2,25,000
Option –ii
(RsRs15,00,000+Rs10,00,000—Rs8,00,000)X15%=Rs2,55,000
22 October 2013
what is the date of interim dividend?
23 October 2013
On 1.1.12 Mr X received 15% interim Dividend
on equity shares of A ltd.
on equity shares of A ltd.
23 October 2013
If you are receiving dividend in your account on 1.1.12, then it would be option 2.
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