Interim Dividend is shown in (1) Revenue Alc (2) Net Revenue A/C (3) Capital A/C (4) None of these
Answers
Answered by
0
Answer:
Correct option is
B
in profit & loss appropriation account
Interim dividend is declared between two annual general meetings. As per regulation 86 of table A, the board may from time to time pay to shareholders such interim dividend as it appears to be justified keeping in view the profits of the company. The article of association may allow for the payment of such a dividend if table A has not been adopted by the company.
Interim dividend like final dividend is an appropriation of profits has to be shown on the debit side of profit and loss appropriation account.
please mark me Brianlist
Answered by
1
Answer:
(2) Net Revenue A/C
Explanation:
Similar questions