B Limited paid for this dividend, therefore the dividend should not represent income for B Limited The dividend component is deducted from the price paid for the shares to calculate the clean price of the shares. The shares were acquired for R44 000, but R1 000 (20 000 x 5c) relates to the dividend that was paid for as the price quoted was a cum-dividend price. Therefore, the clean price of the shares is R43000. Assuming that the shares and dividends were paid for on 30 March 2013 and the dividend was received on 31 May 2013. Provide for journals when B Limited paid for both shares and dividends and when the dividend was actually received