Dividend paid during 2021-22 = Previous year's Proposed Dividend (paid during current year) + Interim Dividend paid during the year.
= 40,000 + (20 percent of 4,00,000)
= 40,000 + 80,000 = 1,20,000.
Proposed dividend of 60,000 (as on 31/03/2022) will be paid next year.
Calculate the amount of Dividend paid during the year 2022 from the following information : Balance of Proposed Dividend as on 31st March, 2021 was…
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
Calculate the amount of Dividend paid during the year 2022 from the following information :
Balance of Proposed Dividend as on 31st March, 2021 was Rs. 40,000 and on 31st March, 2022 Rs. 60,000. Interim Dividend was paid @20% on share capital. Share capital was Rs. 4,00,000.
Official previous-year question
Held on 11 Jun 2023 · Verified 13 Jul 2026.
Options
- A
Rs. 1,40,000
- B
Rs. 1,20,000
- C
Rs. 1,40,000
- D
Rs. 1,00,000
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