Accountancy, asked by chintu304, 1 year ago

dividend received from taksheel co.

Answers

Answered by ashok8816
0
The Journal Entries. Record the first journal entry as follows: On the Date of Declaration, when the company's board of directors announces the dividend amount, make a journal entry to debit Retained Earningsand credit Dividends Payable, which is a current liability account.
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