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    Exam 15: Equity
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    The Balance in Ordinary Share Dividend Distributable Should Be Reported
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The Balance in Ordinary Share Dividend Distributable Should Be Reported

Question 32

Question 32

Multiple Choice

The balance in Ordinary Share Dividend Distributable should be reported as a(n)


A) deduction from share capital-ordinary.
B) addition to share capital-ordinary.
C) current liability.
D) contra current asset.

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