Accountancy, asked by dongardiveshubham37, 10 months ago

dividend received accounts is...,....​

Answers

Answered by sangeetha521
2

Explanation:

Companies, Dividends Are Liabilities

When a dividend is declared, the total value is deducted from the company's retained earnings and transferred to a temporary liability sub-account called dividends payable. This means the company owes its shareholders money, but has not yet paid.

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