Acquired shares of X company worth 100000, company declared
10% as dividends, but not paid to u. Now what entry u pass
while purchasing those shares, what entry u pass when
company declared dividents but not paid, and what entry u
pass when u receive the dividend..?
- 1 Answers
- 4145 Views
- Franklin Templeton, I also Faced
- E-Mail Answers
Answer / anjani
when shares Purchased"
Investment in shares of X Ltd A/c Dr 100000
To Cash/Bank 100000
When dividend declared:
dividend receivable A/C Dr 10000
Dividend 10000
When dividend received:
Cash/bank A/c Dr 10000
To Dividend Receivable 10000
| Is This Answer Correct ? | 2 Yes | 1 No |
From the following particulars calculate B.E.P and P/V ratio Fixed Expenses 1,50,000 Variable cost per unit 10 Selling price per unit 15
What is meant by the word Liquidation. Give examples
WHAT IS CALL OPTION
What is the diffrecnce between liabilities and owner's equity?
Expand----------MCT
WHAT IS 'MORTGAGE AND REVERSE MORTGAGE'?
3 Answers BA Continnum Solutions,
what do you mean by Line item display?
Expand---------DEP
what is accounting entries to be made in TAlly for stock (rice, cocunut, oils etc.,) used for food (like idly, dosa etc.,) pls guide us
How can i prepare MIS report for Finance?
What the difference between DUE & ACCRUAL?
what about the company background?
Audit 
