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Amalgamation

Accountancy

Can anyone say how 30000 they have deducted as divided for preference shares are only 10000(1,00,000*10%)

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Sairam Reddy

Sairam Reddy

CA Final

★ 10K+

21-May-22 19:23

333

Answers (1)

Preference shares are already paid you have to pay equity dividend now .... Q Ltd equity dividend will be 300000*10%_30000 so when p Ltd incorporate Assets of q they ll receive only 10000 cash

Sai Swetha

Sai Swetha

CA Final

★ 7K+

21-May-22 19:44

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