After the declaration of the dividend, the company has to pay dividends within_____of declaration of dividend. If the amount of dividend remains unpaid or unclaimed for 30 days of declaration of dividend, then in next_____the company has to transfer the amount unclaimed to a special account in any scheduled bank to be called the 'Unpaid Dividend Account'

🎲 Try a Random Question  |  Total Questions in Quiz: 24  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
CS Executive Practice Test: Introduction to Corporate Accounting – Corporate and Management Accounting — practice the complete quiz, review flashcards, or try a random question.


After the declaration of the dividend, the company has to pay dividends within_____of declaration of dividend. If the amount of dividend remains unpaid or unclaimed for 30 days of declaration of dividend, then in next_____the company has to transfer the amount unclaimed to a special account in any scheduled bank to be called the 'Unpaid Dividend Account'






ADVERTISEMENT