Page 80 - Ebook Financial Accounting 3

4. Proposed Dividend

a. Preference share dividend
RM 100 000 * 0.08 = RM 8 000

b. Ordinary share dividend
RM 400 000 * 0.05 = RM 20 000

5. General Reserve = 18 000

+ 1 450 (Transfered – App. Acct (S/CI))

RM19 450 (S/P)

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