proposed dividend in paidup capital.

20 August 2018

pls explain.how we pass entry for dividend declared in paid-up capital

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Prakash Gehani (Consultant & Teacher(Whatsapp 8718057907)) (1306 Points)
Replied 20 August 2018

Profit &Loss ac. Dr.
(From balance under the head Reserve &Surplus)
To Dividend Declared

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KANNAN RAGHUNATHAN (10 Points)
Replied 20 August 2018

thank you very much Mr.prakash hi

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satish (teaching) (2046 Points)
Replied 21 August 2018

profit and loss appropriation a/c. Dr.
to dividend to equity share holders

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KANNAN RAGHUNATHAN (10 Points)
Replied 21 August 2018

dear Sathish,p&l appropriation a/c comes under the head of reserves and surplus correct.

satish (teaching) (2046 Points)
Replied 21 August 2018

yes. it's part of reserves and surplus

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