Question
calculate dividend received and franking credit.H - TOTAL DIVIDENDS Fully franked dividends received from listed companies 21000 Unfranked dividend from listed companies 2000 23000 Amity
calculate dividend received and franking credit.H - TOTAL DIVIDENDS Fully franked dividends received from listed companies 21000 Unfranked dividend from listed companies 2000 23000 Amity prepared the following franking account for the year: DATE DESCRIPTION DR CR BAL 1-Jul Opening Balance 3000 30-Sep Fully franked dividends totalling $21,000 received 6300 9300 21-Nov PAYGI Paid 8500 17800 21-Jan Dividend of $70,000 paid - fully franked 21000 -3200 31-Jan PAYGI Paid 8500 5300 21-Apr PAYGI Paid 8500 13800 28-Jun Dividend of $24,500 paid - unfranked 0 13800
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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