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Liquidation of companies

Accountancy

Why is prf dividens shows debit bal And why was it not paid to pref sh before payment to esh

Banda Veeresh

CA Inter

★ 35K+

15-Jan-21 11:12

348

Answers (5)

Its amount already paid.

CA Suraj Lakhotia

Admin

15-Jan-21 11:12

Why has it debit balance ?

Thread Starter

Banda Veeresh

CA Inter

★ 35K+

15-Jan-21 14:29

Thread Starter

Banda Veeresh

Why has it debit balance ?

Because its already paid

CA Suraj Lakhotia

Admin

15-Jan-21 14:46

If it was paid,why did they disclose in balnce sheet?

Thread Starter

Banda Veeresh

CA Inter

★ 35K+

15-Jan-21 14:59

Thread Starter

Banda Veeresh

If it was paid,why did they disclose in balnce sheet?

That is the trial balance not balance sheet.

CA Suraj Lakhotia

Admin

15-Jan-21 15:23

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