Qualification > Commerce
Accounting help ???
~ Miss Relina ~:
--- Quote from: Dasith on June 05, 2011, 02:33:16 pm ---its $10000 ,
its 10% of the total preferace shares
--- End quote ---
so if htey also said that :
at the start of year it was paid
$0.05 on each pref.share
At the end the reamainig was paid then what should we include in the pref.share dividend in P&L app.account
SauD~:
--- Quote from: Relina on June 05, 2011, 02:33:18 pm ---
i will try to follow ur tips *sir* ;D
--- End quote ---
Good Luck Student ;D
Dasith:
appropriation :
interrim dividents :
preferance share dividend(0.05 x100000) 5000
Final dividend:
preferance 5000
*** in preferance shares we only need to pay the 10% , not anything exceeding that. but anything less is possible if company decides to pay less or not pay @ all , but they shuld mention that in question then ;)
~ Miss Relina ~:
--- Quote from: Dasith on June 05, 2011, 02:44:13 pm ---appropriation :
interrim dividents :
preferance share dividend(0.05 x100000) 5000
Final dividend:
preferance 5000
*** in preferance shares we only need to pay the 10% , not anything exceeding that. but anything less is possible if company decides to pay less or not pay @ all , but they shuld mention that in question then ;)
--- End quote ---
well whjat i dont get it is that how did u know the remaining pr.share dividend i mean there should be a value fromwhich u subtracted the interim pr . share dividevnd wht is this value plx and how did u get
i know i might be so diturbing in my question as its too detaILED But would really apprecite it if u could help
Dasith:
ok its like this:
we hav to pay 100000 x 10 /100 i.e 10000 dividents in $ for pref share holders yea?
& we are told that @ start of year 0.05 per share is paid(i.e interim -kind of prepayment )
i.e total payment was 0.05 x 100 000 shares = $ 5000 rite?
so if we need to pay a total of 10000 dividents &
we already paid 5000 out of that
wats the remaining to be paid as final ??
10000 -5000 =5000 yea ?
did u get it ?
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version