Group-1 accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2013
Does any entry come for arrear of preference dividends?
16 December 2013
depends whether it is cumulative or not. If it is cumulative, then you will have to create payable.
17 December 2013
For cummulative as suggested book entry and for non cumulative can disclose in notes to accounts.
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