An entity shall adjust the carrying amount of the dividend payable at the end of each reporting period and at the date of settlement with any changes in the carrying amount of the dividend payable recognized as component of other comprehensive income  b. directly in retained earnings c. as gain or loss on property dividend  d. as adjustment of share premium

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 21MC: Which of the following measures the portion of a corporations profit allocated to each outstanding...
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An entity shall adjust the carrying amount of the dividend payable at the end of each reporting period and at the date of settlement with any changes in the carrying amount of the dividend payable recognized

as component of other comprehensive income 

b.

directly in retained earnings

c.

as gain or loss on property dividend 

d.

as adjustment of share premium

 

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