Question
Senior plc is a company that, during the year ended 31 December 2019, paid GH 25,000 debenture interest and paid an ordinary dividend of 8
Senior plc is a company that, during the year ended 31 December 2019, paid GH₵ 25,000 debenture interest and paid an ordinary dividend of 8 pesewas per share on 1 million GH₵ 1 ordinary shares. The retained profit for the year was GH₵ 160,000. What was Junior plc\'s profit for the year?
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas
10th edition
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