Basic query in accounting
This query is : Resolved
29 October 2013
31stmarch 2010 31stMarch 2011
Equity 5,00,000 6,00,000
Share Capital
Additional inf:
Directors have proposed 15% Dividend for current year
In the above context:
Q1)On which balance dividend will be calculated and why?
I will be very much thankful to you.
Equity 5,00,000 6,00,000
Share Capital
Additional inf:
Directors have proposed 15% Dividend for current year
In the above context:
Q1)On which balance dividend will be calculated and why?
I will be very much thankful to you.
30 October 2013
dear pavan, that shall depend on the date of dividend declaration and the date of issue of additional capital. The dividend is payable on the outstanding equity stock as on the cut off date decided by the directors in this regard.
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