Kervelle declared 480,000 of dividends during the year. Dividends payable move from 60,000 to 120,000. Compute dividends paid.
- Dividends declared
- 480,000
- Opening dividends payable
- 60,000
- Closing dividends payable
- 120,000
Kervelle declared 480,000 of dividends during the year. Dividends payable move from 60,000 to 120,000. Compute dividends paid.