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Entry for preference dividend

Accountancy

In the practical question 3 why is the entry for preference dividend missing Chapter - redemption of preference shares

mani charan

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22-Mar-22 09:59

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Answers (7)

Best Answer

The question clearly tells the dividend was paid for the year, which already paid so it should not have seperate entry

Prasad Ramasamy

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22-Mar-22 19:37

If possible send the photo of the question

prasad B

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22-Mar-22 10:02

Question 3

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Screenshot_2022-03-22-11-02-58-46_e2d5b3f32b79de1d45acd1fad96fbb0f.jpg

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mani charan

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22-Mar-22 11:03

prasad B

If possible send the photo of the question

Q 3

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mani charan

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22-Mar-22 11:04

As its given in the additional information it should be recorded freshly ,it is not recorded earlier

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mani charan

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22-Mar-22 19:46

Thread Starter

mani charan

As its given in the additional information it should be recorded freshly ,it is not recorded earlier

Its only information - it says preference dividend paid Question asks for journal entries for bonus issue

Sudha Reddy

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23-Mar-22 11:48

Sudha Reddy

Its only information - it says preference dividend paid Question asks for journal entries for bonus issue

Thanks for clarification ð???

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mani charan

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23-Mar-22 16:34