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What is the treatment of proposed …

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What is the treatment of proposed dividends

Posted by Adesh Gangwar 7 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Soumyajeet Pal 7 years, 1 month ago

Case 1: If proposed dividend is under contingent libility them the amount of proposed dividend for the previous year will be added in net profit before tax and will be deducted in net cash flow from financing activity !! Case 2: If proposed dividend is under short term provision then current year is added to net profit before tax and previous year is deducted from net cash flow from financing activities.

Keshav Girdhar 7 years, 1 month ago

Heading - contingent liability which shows in the last of balance sheet in EQUITY AND LIABILITY. Proposed dividend is considered contingent liability from this year.

Keshav Girdhar 7 years, 1 month ago

Proposed dividend is contingent liability

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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