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Author Question: On the date of declaration for a cash dividend, what journal entry is required? (Read 54 times)

Tazate

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on: Feb 18, 2020
On the date of declaration for a cash dividend, what journal entry is required?
◦ Debit Retained Earnings and credit Cash
◦ Debit Dividends and credit Retained Earnings
◦ Debit Retained Earnings and credit Dividends Payable
◦ Debit Dividends Payable and credit Cash
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by Tazate on Feb 18, 2020

skipfourms123

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Tazate

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

nothere

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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