A company announces a final dividend at the end of the financial year. Discuss whether a dividend

Question:

A company announces a final at the end of the financial year. Discuss whether a payable should be recognised.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...