Unit 1 - tutorial questions - CM 20252 Sem A 2009/10 Unit 1...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
CM 20252 (Adapted from Hui, W.F., and Ng, P.H. (2008). Accounting in Hong Kong . SCOPE. CityU.) Q1) Q2)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Q3) Textbook: Exercise 19.3 Bonnie Group declared a dividend of $2.5 million out of the current year’s profit of $10 million. Before the end of the reporting period, a dividend of $1.5 million was paid to the shareholders of Bonnie. The remaining unpaid dividend of $1 million was recognized as dividend payable in the statement of financial position. In the statement of comprehensive income, the total dividend declared of $2.5 million was deducted from profit for the year and the net figure after the dividend was reported as “profit available for distribution”. Comment on Bonnie Group’s presentation in the statement of comprehensive income. Q4)
Background image of page 2
(Adapted from Hui, W.F., and Ng, P.H. (2008). Accounting in Hong Kong . SCOPE. CityU.)
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/07/2009 for the course DIVISION O CM 20252 taught by Professor Kenni during the Spring '09 term at City University of Hong Kong.

Page1 / 4

Unit 1 - tutorial questions - CM 20252 Sem A 2009/10 Unit 1...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online