Dividend

This query is : Open

syed kalimuddin (Querist)
Follow

14 February 2016 As per AS 9, Dividend should be recognised as and when right to receive dividend has been established. In D.S Rawat book Right to receive establishes when dividend declared.., but in PM when it is approved in AGM.. Please clarify !

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

14 February 2016 All three words have same meaning, Right to receive dividend establishes when it is approved by shareholders in Annual general meeting

syed kalimuddin

syed kalimuddin (Querist)
Follow

14 February 2016 It means when it is approved .. not when declared ..

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

15 February 2016 Divident will be declared when it is approved in agm

You again coming up using same meaning words and confusing between them unwantedly.use only one book to read answers and at the time of revision from practicemanual or other book you should see only questions and answer from book which you prepared can be recalled

Read calmly dont get confused,..

syed kalimuddin

syed kalimuddin (Querist)
Follow

15 February 2016 Thanks . Now no confusion.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now