How do you record a dividend payment to stockholders?

Question ajoutée par Danish Farid , Tax Associate , Limra Law Firm
Date de publication: 2014/08/12

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par Anayatullah Tahir , Finance Manager , Etqan Projects

When divident is declared. It is recorded as Retained Earnings Debit and Dividend payable credit. Then while paying you just Debit Dividend Payable account and Credti Bank/Cash.

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How do you record a dividend payment to stockholders?

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