Khwaja
Blogger
Share this content
0
5
935

Cash Surplus due to non withdrawal of Dividends

Cash Surplus due to non withdrawal of Dividends

The shareholders did not withdraw the Dividends from the company and there is a Cash Surplus at the year end. How should we show this Cash Surplus amount in the Accounts?

Replies

Please login or register to join the discussion.

10th May 2012 15:24

Trick question?

Cash at bank...?

Unpaid dividend will be a creditor.

Thanks (0)
avatar
10th May 2012 15:27

should you be preparing accounts?

Get a qualified accountant to do the job!

Thanks (0)
10th May 2012 15:53

Hhhmmmm......

@ bigbadwolf - harsh but probably fair!

Thanks (0)
avatar
By bkrajiv
10th May 2012 16:01

GIve up accountancy and let me take on your clients !!

                      

Thanks (0)
avatar
By khalm0
10th May 2012 16:58

Some people are so cruel! I sympathise as I have had my own fair share of "Basic" questions for which I recieved stick from some people!

In any case though, as kent accountant says, it would remain as a creditor on the balance sheet. When they do finally draw the money out, it would go against this. i.e. credit bank and debit Creditors.

Thanks (0)