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I need the answer during 30m please Q3. When do dividends become legal debt of the company? - Explain. Why preference share dividend is cumulative?

I need the answer during 30m please image text in transcribed
Q3. When do dividends become legal debt of the company? - Explain. Why preference share dividend is cumulative? Q4. Identify possible adverse effects on a lessee entity's financial statements arising from the classification of a lease arrangement as finance lease

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