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Hello everyone,

Cold you please help me the do adjustment of devidend ?

The balance on the Dividend Paid Account represents a half-year’s Preference Dividend and an Interim Ordinary Dividend. The directors are proposing to pay the second half-year’s Preference Dividend and a final Ordinary Dividend of $0.10 per share.

In trial balance
Dividends paid =$34,000
Ordinary share capital (in $ shares) =$200,000
5%Preference share capital =$80,000

What should I do adjustment and calculate in Balance Sheet?

Thanks

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