Investment Accounts

Accountancy

If there is nothing mentioned in the question, Dividend on RIGHTS AND BONUS ISSUED SHARES must not be considered for calculation of dividend.

THARAKESH M

CA Inter

★ 34K+

28-Feb-23 15:53

490

Answers (2)

Yes Because dividend is always for declared and paid for previous year shares in current year Bonus and right shares did not exist previous year only do how can we pay dividend on them Hence they must not be considered for calculation of dividend of nothing is given in question

Harshitha Kalidindi

CA Final

★ 51K+

28-Feb-23 15:58

It must be considered. Dividends, bonus abd rights are declared on shares on a particular date.

CA Suraj Lakhotia

Admin

28-Feb-23 16:04