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declaration of interim dividend

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(Querist)
18 November 2008 How does the company treat its interim dividend declared & paid for half year if it occurs loss at the end of the financial year? Assuming the company has no accumilated profits during the year.
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nasreensulthan

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nasreensulthan (Querist)
18 November 2008 Accounting treatment for the above querry.
How this will appear in company's books of accounts?
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Deepak Agrawal

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Deepak Agrawal (Expert)
18 November 2008 Interim Dividend
To P/L A/c
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