Question

Arrears of preference dividend what is liability​

Answer 1

Answer:

A dividend in arrears is a dividend payment associated with cumulative preferred stock that has not been paid by the expected date. ... Once the authorization is made, these dividends appear in the balance sheet of the issuing entity as a short-term liability.

Answer 2

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A dividend in arrears is a dividend payment associated with cumulative preferred stock that has not been paid by the expected date. Once the authorization is made, these dividends appear in the balance sheet of the issuing entity as a short-term liability!

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