Dividends that have been declared and authorised but remain unpaid at the year-end,are recorded in the statement of financial position as a:
A) current asset.
B) current liability.
C) non-current liability.
D) non-current asset.
Correct Answer:
Verified
Q40: The main government regulator of companies in
Q42: If the tax rate is 30%,interest expense
Q45: If operating profit is $131,000, tax expense
Q47: Which part of shareholders' equity may not
Q47: Which of the following equations relating to
Q48: Assume the balance in the retained profit
Q50: Financial accounts prepared by companies under the
Q52: Which of these is a disadvantage of
Q54: Which of the following factors does not
Q55: Redeemable preference shares:
A)are the same as bonus
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents