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Why is interim dividend paid added …

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Why is interim dividend paid added as extra ordinary item?

Posted by Himir Balana 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Krishna Gupta 8 years, 1 month ago

Hey Himir I don't think it is an extraordinary item . It is added to find Net profit before tax and extra ordinary item as it is a part of profit that is used to pay divided to the shareholders.And is deducted from financing activities as it is a form of liability.

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