Cash flow

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 March 2012 there is balance of dividend payable of Rs 15000 and Rs. 30000 for the year 2008 and 2009 respectively in balance-sheet.
and in adjustment,
1) board of directors declared dividend of rs. 120000.
then plz tell me what is the effect of the same in cash flow statement.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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11 March 2012 Need to calculate the dividend paid during the year

Opening Dividend 2008 - Rs.15000 + Dividend declared During the year Rs.120000- Dividend closing 2009 Rs.30000. so dividend paid during the year Rs.105000 as need to show cash out flow