Question

describe the treatment of proposed dividend in company final account​

Answer 1

If dividend is proposed by a subsidiary company, Profit and Loss Appropriation Account will be debited and Proposed Dividend Account will be credited which will be shown as a current liability in the Balance Sheet.

Answer 2

Answer:

If dividend is proposed by a subsidiary company, Profit and Loss Appropriation Account will be debited and Proposed Dividend Account will be credited which will be shown as a current liability in the Balance Sheet.

Explanation:

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