A part of public company's profits belonging to the shareholders is

Assessment: JAMB UTME - Principles of Accounts - 2017 Subject: Financial Accounting

Question 1 Report

A part of public company's profits belonging to the shareholders is
Answer Details
Dividends are a part of a public company's profits that are distributed among its shareholders. In simple terms, it's like a payment made to the owners of the company (the shareholders) for their investment. It's a way for the company to share its success with its shareholders. The amount of dividends a shareholder receives depends on the number of shares they own.
Read lesson note on Joint Venture Accounts (JAMB)
Read lesson note on Partnership Accounts (JAMB)
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