Accounting Paper 2 - Limited Liability Companies

[DinaAy13]

In the appropriation account for LLC's, how do we calculate the paid preference dividends?

 

[Haleema Khawar]

Can you please post a question here to make it easy for us to clear your doubt? thanks

 

[Adham-amr]

In the appropriation account for LLC's, how do we calculate the paid preference dividends?

All of the components in the appropriation account must be given in the question, first by net profit, transfer to general reserve, dividends paid and proposed for both preference shares and ordinary shares, you subtract all that to get the retained profit of the year, add to it the balance b/d of retained profit, to get the c/d figure which goes to the balance sheet issued share capital and reserves section.

 

[aries]

hey ppl hw much did u get fr manufacturing a/c in variant 22