?????? 1
at the general assembly of Petra public sharehoding company decide to distribute the net profit of 300,000. the balance
of retained earnings are 18,000 as follows: -compolsery reserve 10%, -optional reserve 20%, -income tax 10%, there are
9 members of the board of directors, they also decide to distribute 2% dividends of 6 millions paid shares capital
How much compulsory reserve -1
how much optional reserve -2
income tax for the year -3
proposed dividends to shareholders -4
board of directors bonus -5
