Senior plc is a company that, during the year ended 31 December 2019, paid GH 25,000 debenture
Fantastic news! We've Found the answer you've been seeking!
Question:
Senior plc is a company that, during the year ended 31 December 2019, paid GH₵ 25,000 debenture interest and paid an ordinary dividend of 8 pesewas per share on 1 million GH₵ 1 ordinary shares. The retained profit for the year was GH₵ 160,000. What was Junior plc\'s profit for the year?
Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
Posted Date: