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Company declares a dividend prior to BD, ok to classify the CR as "Trade & Other Payables"?

Or does this have to be disclosed separately as, say "Provision for Dividend"?

asked Jul 24, 2015 in IAS 1 - Presentation of Financial Statements by anonymous

1 Answer

0 votes
Yes it can be classified under trade and other payable but it is "dividend payable".
answered Jul 26, 2015 by Tina Level 5 Member (11,560 points)