if in adjustment mentioned that directors recommended a dividened of 25% on equity .
what will be treatment in financial statements of companies ?
Menu
treatment of proposed dividened
Replies (1)
proposal from director regarding dividend is contingent liability. so no entry is required till resolution from Share holders at AGM.
once proposal is approved by the share holders then we can pass the entry in our books.
Recent Topic
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
Related Topics
CAclubindia
