Inclusion of Provision for Dividend in free reserve

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21 Points Posted on 03 September 2019
Can the provision for payment of dividend be included in the definition free reserve ?
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On 03 September 2019 at 22:01 Report
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Student
412 Points Posted on 04 September 2019
proposed dividend once declared in gm become liability.
prop div shall be included in free reserve but the declared divident
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On 04 September 2019 at 01:50
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21 Points Posted on 15 September 2019

But once it becomes the liability towards Shareholders then how can the company use it as a free reserve ?

 

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On 15 September 2019 at 01:43

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