Preference dividend

Accountancy

Why arrears of preference dividend is not present in the balance sheet as a liability?

Sibi Srinivasan

CA Final

★ 22K+

23-Jun-23 09:00

437

Answers (4)

It becomes liability only when declared

CA Suraj Lakhotia

Admin

23-Jun-23 09:04

thank you sir

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

23-Jun-23 09:07

Arrears of Pref dividend no need to show on books is accs. If can be shown in notes to accs...

Balachandar S

CA Inter

★ 59K+

23-Jun-23 14:57

Balachandar S

Arrears of Pref dividend no need to show on books is accs. If can be shown in notes to accs...

ok bro

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

23-Jun-23 15:04