Which one of the following is applicable when proposed dividend is considered current liability? (a) Payment of

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Which one of the following is applicable when proposed dividend is considered current liability?

(a) Payment of dividend is shown as an application.

(b) Provision for dividend made during the year is adjusted while calculating funds from operations

(c) It is shown in schedule for change in net working capital.

(d) None of these.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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