• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Company financial statements

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Company financial statements

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Avatarsecondstar.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • January 4, 2018 at 6:57 pm #427272
    Avatarstorm
    Member
    • Topics: 14
    • Replies: 12
    • ☆

    Issued share capital of Alpha a limited liability company is as follows ordinary shares 10c each $1000000 8%redeemable preference shares of 50c each $500000 in the year end 31 oct 2002 company has paid preference dividends for the year an interim dividend of 2c per share on ordinary shares. A final ordinary dividend of 3c per shareholder was proposed before the reporting date what should be recognisedfor dividends in equity section of sofp at 31st oct 2002? Please help..

    January 4, 2018 at 7:36 pm #427276
    Avatarsecondstar
    Member
    • Topics: 16
    • Replies: 220
    • ☆☆☆

    The last dividend (final) will NOT be included in SOFP because it is only proposed, not finalised and declared yet.
    So, the preference dividend of 8% and interim dividend of 2c per share will be included in SOFP.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • TEDI on IAS 16 Property, plant and equipment – Initial Recognition – CIMA F1 Financial Reporting
  • ChanNV on Framework – measurement – ACCA Financial Reporting (FR)
  • ChanNV on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Konstantinos43 on Financial Performance Measurement – Liquidity Measures – ACCA Management Accounting (MA)
  • Hirak.5 on ACCA TX-UK FA2025 Chapter 3 Property Income and Investments – Individuals

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in