Question

dividend on shares accrues on the​

Answer 1

Answer:

An accrued dividend is a term referring to balance sheet liability that accounts for dividends on common stock that have been declared but not yet paid to shareholders. Accrued dividends are booked as a current liability from the declaration date and remain as such until the dividend payment date.

Answer 2

Answer:

A company will book its accrued dividends as a balance sheet liability from the declaration date until the dividend is paid to shareholders.