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What is divisible profit? - Accounts

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Question

What is divisible profit?

Very Short Answer
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Solution

Divisible profit refers to the portion of a company’s profit that is legally available to be distributed to shareholders as dividends after meeting all necessary expenses and obligations.

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Chapter 9: Financial Statements of Companies - SHORT ANSWER QUESTIONS [Page 9.54]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 9 Financial Statements of Companies
SHORT ANSWER QUESTIONS | Q 11. | Page 9.54
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