Hi all
Can anybody please help me out in explaining me what treatment to dividend should be given in holding company accounts.
i.e. when dividend is paid then when it is reduced from opening balance of P/L & when out of current years profit.
when the question is silent about payment of dividend we should follow which treatment?
Thanks.
final dividend paid during the year is assumed to be decared out of previous years balances
for interim dividend out of current years profit
but dividend is a tricky problem in CFS there are four metods to be assumed but above is the best out of all assumptions
| Originally posted by : Rajnikant Vadigoppula | ||
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final dividend paid during the year is assumed to be decared out of previous years balances for interim dividend out of current years profit but dividend is a tricky problem in CFS there are four metods to be assumed but above is the best out of all assumptions |
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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