31st dec Retained earning Dividend Payable (to record dividend declared to preferred shareholders) Retained earning Dividend Payable (to record dividend declared to equity shareholders) 2550 167450 2550 167450
31st dec Retained earning Dividend Payable (to record dividend declared to preferred shareholders) Retained earning Dividend Payable (to record dividend declared to equity shareholders) 2550 167450 2550 167450
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please solve this question.
Transcribed Image Text:31st dec Retained earning
Dividend Payable
(to record dividend declared to preferred
shareholders)
Retained earning
Dividend Payable
(to record dividend declared to equity shareholders)
2550
167450
2550
167450
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