Anyone tell me proposed dividend entry in the books of company as per latest amendment?
I'm little bit confused.
As per the latest amendment, proposed dividend is a contigent liability which is not to be recognised in books of accounts but not adjusted for. Thus, no entry is to be passed for recording proposed dividend.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
