A limited company has issued share capital of: 300,000 ordinary shares of $2 each 200,000

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A limited company has issued share capital of:

• 300,000 ordinary shares of $2 each

• 200,000 6 percent preference shares of $1 each.

During the financial year ended 31 December 2014, a dividend of $0.05 per share was paid on the ordinary shares as well as the dividend on the preference shares.

Calculate how much the company paid out as dividends during the year ended 31 December 2014.

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 17, 2021 01:27 AM

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A limited company has issued share capital of: 300,000 ordinary shares of $2 each 200,000

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Accounting For Cambridge International AS And A Level

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