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for proposed dividend to be entered in profit and loss appropriation account we need to deduct calls in arrears from called up capital/share capital,and the value we get should be multiplied with the rate given in adjustment.
eg:share capital:5,00,000 calls in arrears:5000
Adjustment given is:The director proposed a final dividend at 15%.
Therefore the solution would be:5,00,000-5000=4,95,000*15%=74,250
:)
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∙ 12y ago
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What is difference between final and proposed dividend?
Proposed dividend refers to the amount expected to be paid to shareholders. Final dividend is the official dividend paid to shareholders at the end of a financial year.
How do you calculate ex-stock dividend price?
Ex-stock dividend is equal to the price of the dividend of the stock, the only difference is the face that the dividend is actually paid to the seller rather then the buyer of the stock.
What is a dividend calculator used for?
A dividend calculator helps you figure out your returns. You will plug in interest, rate, and the amount, and it will calculate the payments you will receive.
You sold 200 shares of stock today for 61.80 a share You bought those shares 1 year ago at a total cost of 14210 What is the amount of the dividend income you received on this investment?
THere is no way to calculate your dividend income from these figures, only your capital gains (or in this case, capital loss of $1850). Dividend income is money, usually profits, distributed to the stockholders from the company.
What is Dividend Cover?
Dividend Cover is actually the inverse of the Dividend Payout Ratio. It is calculated by comparing the Earnings Per Share (EPS) and the actual dividend paid out per share.Formula:DC = EPS / Dividend Paid
What is the double entry for proposed dividend?
[Debit] Proposed dividend [Credit] Dividend payable
What is the meaning of proposed dividend?
Proposed Dividend means a dividend that is paid by the company that the end of a finical year.
Will pass general entry for proposed dividend?
yes we will pass entry for proposed dividend P&L Appropriation A/c Dr. To Proposed Dividend
What is the difference between proposed and declared dividend?
Proposed dividend is that which is proposed by the management to be paid to share holders of company.Declared dividend is the dividend which is finalized in annual general meeting to be paid to share holders.
What is the difference between dividend proposed and dividend paid?
A company proposes a dividend to be paid to shareholders. The shareholders vote on this and the dividend that is actually paid may differ from that proposed.
What is difference between final and proposed dividend?
Proposed dividend refers to the amount expected to be paid to shareholders. Final dividend is the official dividend paid to shareholders at the end of a financial year.
What is the difference between dividend and proposed dividend?
Here the difference is that the dividend is a amount decided to be given to, say the shareholders, and proposed dividend is the amount has not yet been decided at the meeting , for the sareholders as yet.
Is a journal entry required on the date the board of directors officially approves a dividend?
Yes following entry required: [Debit] Proposed dividend [Credit] dividend payable
How do you enter dividends on a journal entry?
[Debit] Proposed dividend [Credit] Dividend payable [Debit] Dividend payable [Credit] Cash / bank
What is the treatment of proposed dividend?
A dividend is a stockhder's share of the profits from the company. This is paid pro-rata to the stockholders in either cash or more shares.
How do you calculate ex-stock dividend price?
Ex-stock dividend is equal to the price of the dividend of the stock, the only difference is the face that the dividend is actually paid to the seller rather then the buyer of the stock.
What is a dividend calculator used for?
A dividend calculator helps you figure out your returns. You will plug in interest, rate, and the amount, and it will calculate the payments you will receive.
