Entries of proposed dividend
This query is : Resolved
17 October 2016
we know that , dividend is proposed before AGM and declared after AGM , so, will the entry before AGM and before closing books be- p&l a/c Dr.
to proposed dividend
and then next year if declared same then
proposed dividend a/c Dr.
to dividend payable a/c
please answer !
to proposed dividend
and then next year if declared same then
proposed dividend a/c Dr.
to dividend payable a/c
please answer !
18 October 2016
Yes. P&L or P&L Appropriation Account
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