📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    If a company declares dividends after the balance sheet

    date but before financial statements are approved, AS 4 requires that: 
    A the dividend should be disclosed in the notes to accounts Correct Answer Incorrect Answer
    B the dividend must be recorded as a liability in the financial statements Correct Answer Incorrect Answer
    C the dividend must be added to share capital Correct Answer Incorrect Answer
    D the dividend must be ignored entirely Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
    ask-question