how will you treat payment of dividend in a cash flow statement?
Answers
Answered by
41
Answer:
Payment of Dividends
Payment of DividendsThe journal entries to record a cash dividend payment are to debit dividends payable, which removes the dividend liability from the balance sheet, and credit cash. Dividends are a cash outflow in the financing-activities section of the statement of cash flow.
Answered by
1
Answer:
The journal entries to record a cash dividend payment are to debit dividends payable, which removes the dividend liability from the balance sheet, and credit cash. Dividends are a cash outflow in the financing-activities section of the statement of cash flow.
Similar questions