Re: Moving company bank money around...

"Peter Saxton" wrote
The profit isn't owed to the shareholders. A dividend has to
be declared before the shareholders are entitled to the money.

"Tim" wrote:
If that's the case, then who do you think gets the
money in the case of winding-up the company?

"Peter Saxton" wrote
What's that got to do with it? ...

"Tim" wrote:
Well - why is it due to them on wind-up,
if (as you say) they are not owed it?

"Peter Saxton" wrote
Because that is an event that makes it due.

No, it's the *process* by which it is paid.

It is constantly "due to" be paid to the shareholders - but
if you think not, then *who* do you think it is owed to?

"Peter Saxton" wrote
It's a simple concept to understand.

Really?


.

Relevant Pages

  • Re: Moving company bank money around...
    ... It is constantly "due to" be paid to the shareholders - but ... Why should someone be owed money? ... vehicle for adding value to the shareholders capital. ... Peter Saxton from London ...
    (uk.business.accountancy)
  • Re: Moving company bank money around...
    ... In message, Peter Saxton writes ... be declared before the shareholders are entitled to the money. ... money in the case of winding-up the company? ...
    (uk.business.accountancy)
  • Re: Moving company bank money around...
    ... be declared before the shareholders are entitled to the money. ... money in the case of winding-up the company? ... it's the *process* by which it is paid. ...
    (uk.business.accountancy)
  • Re: Moving company bank money around...
    ... In message, Peter Saxton writes ... be declared before the shareholders are entitled to the money. ... money in the case of winding-up the company? ...
    (uk.business.accountancy)
  • Re: Moving company bank money around...
    ... be declared before the shareholders are entitled to the money. ... money in the case of winding-up the company? ... Peter Saxton from London ...
    (uk.business.accountancy)