Distributed Profits

Code: 3610
👁 Views: 90

Account Information

Financial Statement Statement of Financial Position
Normal Balance Debit

Definition

Represents cash or in-kind dividends declared and distributed to shareholders. This account is closed to "Retained Earnings".

Sub-accounts

3611

Interim Cash Dividends

3612

Final Cash Dividends

📐 IFRS vs US GAAP Accounting Treatment

IFRS IAS 10 Events after the Reporting Period
US GAAP ASC 505 Equity

❓ Frequently Asked Questions

Q: What are distributed profits?

A: Represent cash or in-kind dividends declared and distributed to shareholders.