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where unclaimed dividend will come in the balance sheet?
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Answer / sreenatha reddy a
According to the Companies Act 1956 Unclaimed Dividend should be Transfered to the Investor education and Protection Fund Account This Should Shown Under Current Liabilities as Unpaid Dividend in the Balance Sheet
| Is This Answer Correct ? | 71 Yes | 14 No |
Answer / manna choudhury
it is a liability to the company for a short term . it should be shown as a deduction from surplus under reserves and surplus and also as other current liability under the head current liability of the balance sheet
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / nisha dagar
Unclaimed dividend will be shown under other current liabilities under the main heading current liabilities
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / ashok
Unpaid dividend will be shown under Cash & Cash Equivalent. The amount of unclaimed dividend will be transferred to Investor Protection Fund.
| Is This Answer Correct ? | 7 Yes | 28 No |
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