Write short notes on: (i) Interim Dividend; (ii) Unclaimed Dividend; and (iii) Preference Dividend.

Question:

Write short notes on:
(i) Interim Dividend;
(ii) Unclaimed Dividend; and
(iii) Preference Dividend.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

See More Books

Question Posted: Aug 17, 2023 02:53 PM

See More Questions

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
1. Evaluate whether the following statements are true or false in relation to cash and cash equivalents: I. Demand Deposits forms part as cash just like savings and time deposit. II. Stale checks...
Suppose that Q(x, y) is a function such that 1/Q(x, y) is continuous for all (x, y). Which of the following statements are true? (a) Q(x, y) is continuous for all (x, y). (b) Q(x, y) is continuous...
Using the data from Problem E.14, how long will it take to complete the 12th plane? The 15th plane? How long will it take to complete planes 12 through 15 inclusive? At $40 per horn; what can...
Suppose the market for wheat is competitive, with an upward-sloping supply curve, a downward-sloping demand curve, and an equilibrium price of $4.00 per bushel. Why would a higher price (e.g., $5.00...
Two close-coiled helical spring of stiffness $K_{1}$ and $\mathrm{K}_{2}$ are connected in series. The combination is equivalent to a single spring of stiffness: (a) $\sqrt{K_{1} K_{2}}$ (b)...
Consider two streams of cash flows, A and B. Stream As first cash flow is $ 8,900 and is received three years from today. Future cash flows in Stream A grow by 4 percent in perpetuity. Stream Bs...
Magic Mountain retires its 9% bonds for $128,000 before their scheduled maturity. At the time, the bonds have a face value of 126,000 and a carrying value of $117,000. Record the early retirement of...
What will result in an increase in cash funds to a business ? A. Bonus issue of shares; B. Increase in authorised share capital; C. Revaluation of fixed assets; D. Rights issue of shares.
What is defined by the statement below ? A resource control by an entity as a result of past events and from which future economic benefits are expected to flow to the entity. A. A liability B. An...
Refer to the data for University Printers in Exercise 11-29. Required Allocate the service department costs using the step method, starting with the Maintenance Department. What effect does using...
A merry-go-round, starting from standstill, begins to turn with constant angular acceleration $\dot{\omega}=0.1 \mathrm{rad} / \mathrm{s}^{2}$. An observer is at rest at a distance \(R=3...
Find the moment of inertia of the $\mathrm{CO}_{2}$ molecule (data given in the question 3) with respect to an axis perpendicular to the molecule and passing through the C.M. Question 3 Determine...
A coin of mass $m=20 \mathrm{~g}$ is placed on top of a rotating disk at a radial distance $R=20 \mathrm{~cm}$ from the axis. The coefficient of static friction between the two disks is...
Find the moment of inertia of the $\mathrm{H}_{2} \mathrm{O}$ molecule (data given in the question 3) with respect to the axis perpendicular to the molecule and passing through the C.M. Question 3...
Find the moment of inertia of the $\mathrm{NH}_{3}$ molecule (data given in the question 3) with respect to the axis perpendicular to the plane containing the three $\mathrm{H}$ atoms and passing...
How would a firms investment in merger and acquisition strategies, on average, be expected to generate at least competitive parity for bidding firms?
"Standard-cost procedures are particularly applicable to process-costing situations." Do you agree? Why?
Explain how industry sales and industry profits behave over the product life cycle.
Cite two examples of products that you think are currently in each of the product life-cycle stages. Consider services as well as physical goods.
Explain how you might reach different conclusions about the correct product life-cycle stage(s) in the worldwide automobile market.
Use the financial data for Oxford Company for the years 20X2 and 20X3 provided below: Balance Sheet (in $): 20X2 20X3 Current Assets $500,000 $600,000 Current Liabilities $200,000 $272,727 Inventory...
6. In 2022, Johnson Company contracted to deliver 100 boats to another company for $1,000,000 in 2023 and 2024. Outline the 5 step revenue recognition process based on FASB ASC 606 for this...
The Parkland Partners manufacturing overhead account looked as follows at the end of the month: Manufacturing Overhead 32,900 31,700 The overhead applied during the month is currently found:...

Write short notes on: (i) Interim Dividend; (ii) Unclaimed Dividend; and (iii) Preference Dividend.

Question:

Step by Step Answer:

i Interim Dividend Interim dividend refers to a dividend declared and paid by a company to its shareholders during its financial year before the final financial statements are prepared It is a partial ...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Students also viewed these Business questions