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Question
Dividend cannot be paid out of capital.
Options
True
False
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Solution
This statement is True.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
IEPF is created by ______________ where unpaid dividend is transferred by company.
Find the odd one.
Select the suitable option for the following.
____________ Dividend declared but not paid/claimed
Answer in one sentence.
State the time within which Unpaid Dividend be transferred to unpaid dividend Account?
Correct the underlined word and rewrite the following sentence.
Dividend is paid to creditors.
Correct the underlined word and rewrite the following sentence.
The Dividend to be paid should be transferred to Dividend A/c within 30 days of its declaration.
Arrange in Proper Order:
- Transfer to Dividend Account
- Transfer to IEPF
- Transfer to Unpaid Dividend Account
Arrange in Proper Order:
- Decision on Rate of Dividend
- Transfer to IEPF
- Payment of Dividend.
Explain the following term/concept.
Unpaid Dividend
Explain the following term/concept.
Unpaid Dividend Account
Justify the following statement.
Dividend is paid out of the profits of the company.
Justify the following statement.
Unpaid dividend cannot be used by the company.
Correct the underlined word and rewrite the following sentence.
Dividend is paid to creditors.
Answer in brief.
Discuss the rules governing unpaid and unclaimed dividend.
Justify the following statement:
Unpaid dividends cannot be used by the company.
Justify the following statement.
Unpaid/Unclaimed Dividend is governed by some rules.
