Can dividend be paid out of profit arising out of forfeited and re-issue of shares?

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Fundamentals Of Auditing

ISBN: 9788131728857

1st Edition

Authors: Basu

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Question Posted: Feb 04, 2024 01:00 AM

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Can dividend be paid out of profit arising out of forfeited and re-issue of shares?

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Yes a dividend can be paid out of profits arising out of forfeited and reissue of shares When a shar...View the full answer

Fundamentals Of Auditing

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