The Share capital account of the company reports a balance of 500,000 reporting ordinary shares of 20p

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The Share capital account of the company reports a balance of £500,000 reporting ordinary shares of 20p each. Directors have declared an interim dividend of 5p per share. What is the amount of the dividend to be accounted for?

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 28, 2023 08:30 AM

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The Share capital account of the company reports a balance of 500,000 reporting ordinary shares of 20p

Question:

а | £125,000 ь £25,000 C с | £50,000 d£75,000

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Financial Accounting An Introduction

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