Hi everybody, please share experience. In consolidation when calculating Post Acquired Profit we will take account Retain Earning @reporting date. If in period Company had paid dividend so reduce the balance. So by reporting date, we will add up this amount?
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SBRHelp with dividend payment
15y ago#1Hi, which question are you looking at? Maybe if I can see the question I could better understand your confusion :)
Not in the question, in practice. Our subsidiary pay dividend and pay bonus for directors-shareholder agree to take it from retained earning. and every year it will do like this, so how to treat if based on Retain Earnings Account only.
15y ago#3Debit Retained Earnings, Credit Accounts Payable ( dividend ) ?
Or am I missing something?
Or am I missing something?
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