Interim dividend paid is always shown
A)In P/L Appropriation A/c
B)On the asset side of the B/S
C)On the liability side of the B/S
D)None of these.

Question

Quizplus · Accepted Answer

Interim dividends are declared and paid by a company's board of directors before the company's annual earnings have been calculated. They are typically recorded in the Profit & Loss Appropriation Account, which is used to show how the company's profit after tax is distributed, including dividends.

Interim Dividend Paid Is Always Shown