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
- 3282 Views
- Franklin Templeton, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Indian Iran Gas pipeline
distinguish between price rate and time rate?
What three Specific Job Positions do you target from the Industry
cash sales and credit sales both are asset or liability?
Let me know the difference between cash flow and free cash flow
Short Answer on __________Trade
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
What is the difference between income statement & Profit&loss A/c?
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
What is EBITDA
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
In what cases can Convertible bonds be considerred as derivatives?
shares journal entries
