Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Acquired shares of X company worth 100000, company declared
10% as dividends, but not paid to u. Now what entry u pass
while purchasing those shares, what entry u pass when
company declared dividents but not paid, and what entry u
pass when u receive the dividend..?



Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. N..

Answer / anjani

when shares Purchased"

Investment in shares of X Ltd A/c Dr 100000
To Cash/Bank 100000

When dividend declared:

dividend receivable A/C Dr 10000
Dividend 10000
When dividend received:
Cash/bank A/c Dr 10000
To Dividend Receivable 10000

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

what is mean by credit sales?

6 Answers  


what is difference between venture capital financing and equity financing?

0 Answers  


Distinguish between sale and consignment

0 Answers  


Describe the procedure for computing the loss of stock by fire.

1 Answers  


Who can issue form H, & why it is required?

4 Answers  


Salry pai dto Sharma debited to Sharma account is it correct.If not correct rectify it

7 Answers   Accenture,


Expand N G O

4 Answers  


What is Merger?

3 Answers  


Bank give some interest on deposit less tds what is the general entry for this?

3 Answers  


how standard costing techniques are applied in manufacturing sectors

0 Answers   Bosch,


Dear sir i had been called for ntpc interview and gd next month..please guide me for it!

0 Answers  


How do you manage the sales account in tally

0 Answers   Telco,


Categories