A dividend becomes a debt of the company when it is declared.
A、Accumulated realised profits
B、Retained earnings
C、Capital redemption reserve
A、Accumulated realised profits
B、Retained earnings
C、Capital redemption reserve
【参考答案及解析】
A capital redemption reserve is an undistributable reserve. Dividends may be paid out of retained earnings or accumulated realised profits.
A capital redemption reserve is an undistributable reserve. Dividends may be paid out of retained earnings or accumulated realised profits.