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16. At the beginning of the year Johnson co. issued $200,000 in total capital with...

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Finance

16. At the beginning of the year Johnson co. issued $200,000 in total capital with a value of $20 per share. In October company declared dividend of $0.50 p/s to be paid in four months. Due ro unexpected increase in sales, three-quarters of the dividend were paid in two months earlier than planned.

How would be recognised in the financial statement of the financial statement at the end of the year 30 October?

  1. The statement of change in equity at $5000 and the statement of profit or loss at $5000
  2. The statement of change in equity at $3750 and the note to financial statement at $1250
  3. The statement of change in equity at $3750 and the statement of cash flow under investing activities at $1250
  4. The statement of change in equity at $5000 and the statement of financial statement under the equity section at $5000

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