Which of the following is correct? 1. Unrealised dividend is an asset to the company 2. Dividend declared between two annual general meeting is called interim dividend 3. A company can distribute both interim and final dividend in the same financial year Choose the correct answer:

The correct answer is D. 1 and 2.

An unrealised dividend is not an asset to the company. It is a liability, as the company owes the dividend to its shareholders.

An interim dividend is a dividend that is declared between two annual general meetings. A company can distribute both interim and final dividends in the same financial year.

Here is a brief explanation of each option:

1. Unrealised dividend is an asset to the company.

This is not correct. An unrealised dividend is not an asset to the company. It is a liability, as the company owes the dividend to its shareholders.

1. Dividend declared between two annual general meeting is called interim dividend.

This is correct. A dividend that is declared between two annual general meetings is called an interim dividend.

1. A company can distribute both interim and final dividend in the same financial year.

This is also correct. A company can distribute both interim and final dividends in the same financial year.