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Treatment of proposed divident

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Treatment of proposed divident

Posted by Jyoti Rathore 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Indrajeet Arora 6 years, 10 months ago

Last year proposed dividend is added to determine net profit before tax and extraordinary item and last year proposed dividend is shown as paying it in financing activities. The proposed dividend of current year is shown in notes to accounts as contingent liability

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