June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Dividend

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
February 22, 2018 at 8:10 pm #438453
miracle657
Participant
- Topics: 65
- Replies: 26
Sir, declared dividend is a current liability in SOFP and it is deducted from retained earnings i SOCIE..Am i right? One more question If it is declared after reporting date do we need any adjustment?
February 23, 2018 at 8:05 am #438518
John Moffat
Keymaster
- Topics: 57
- Replies: 54705
Yes – you are right.
If it is declared after the reporting date then it only appears in the statements for the year in which it is declared (not the year to which it relates).
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Dividend’ is closed to new replies.