Investment accounting

in the study material of icai intermediate,why the dividend is not paying for bonus and right shares...
Replies (1)
Proposed Dividend is calculated on closing share capital of the year for which dividend is being proposed.As dividend was proposed for the year end 31.03.2019 bonus shares will not be included as it was issued in May 2020 ie the next financial year.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register