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dividend in SOCIE

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › dividend in SOCIE

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.
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    Posts
  • December 29, 2021 at 5:09 pm #645021
    dishamehta1620
    Participant
    • Topics: 4
    • Replies: 6
    • ☆

    8. During a company?s financial year ended 31 December 2010, the company pays a final
    dividend of $12,000 in respect of 2009, declares an interim dividend in respect of 2010 for
    $6,000, and proposes a final dividend in respect of 2010 for $15,000 (before the year-end).
    The accounts for 2010 would show what amount in respect of dividends in the statement
    of changes in equity?
    A $6,000 B $18,000 C $21,000 D $33,000
    sir will the answer be d.33,000

    December 30, 2021 at 7:58 am #645037
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54702
    • ☆☆☆☆☆

    It will be $18,000. (The proposed dividend is only proposed and so will appear only as a note to the accounts.)

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