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proposed dividend in paidup capital.
pls explain.how we pass entry for dividend declared in paid-up capital
Replies (5)
Profit &Loss ac. Dr.
(From balance under the head Reserve &Surplus)
To Dividend Declared
(From balance under the head Reserve &Surplus)
To Dividend Declared
thank you very much Mr.prakash hi
profit and loss appropriation a/c. Dr.
to dividend to equity share holders
to dividend to equity share holders
dear Sathish,p&l appropriation a/c comes under the head of reserves and surplus correct.
yes. it's part of reserves and surplus
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