The share capital account of the company reports a balance of R500 000 reporting ordinary shares of 20 cents each. Directors have declared an interim dividend of 5 cents per share. What is the amount of the dividend to be accounted for? Select one: a. R25 000 b. R50 000 c. R125 000 d. R75 000

The share capital account of the company reports a balance of R500 000 reporting ordinary shares of 20 cents each. Directors have declared an interim dividend of 5 cents per share. What is the amount of the dividend to be accounted for? Select one: a. R25 000 b. R50 000 c. R125 000 d. R75 000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Question

Select one:

a. R25 000

b. R50 000

c. R125 000

d. R75 000

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