Dividend

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September 22, 2017 at 2:07 pm #408343
xiiaolih
Member
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Trial balance
Unappropriated profit at 1 aug 2012 2000
Rm1 ordinary shares 70000

Additonal information
The directors propose to pay a 2% dividend on the ordinary shares- agreed at the sofp date

Can I knw what should I do for the above additional information?
Should I record the dividend?
Thanks you sir
September 22, 2017 at 2:22 pm #408351
John Moffat
Keymaster
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No – the dividend will only be recorded when it is actually paid.
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