Accounting Liability
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In accounting is a dividend a liability or stockholders equity?
Its both actually. When a dividend is declared, its a reduction of equity as it reduces the amount of retained earnings. The opposite side of the transaction is the creation of a dividends payable which is a liability. Once the dividend is paid, the liabilty is eliminated with the cash payment.
Accounting Liability
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Irwin/McGraw-Hill Financial Accounting Videos: Selections from the Dallas County Communicty College District Telecourse [Fundamental Accounting Principles, 19/e - Instructor Supplements] $125.00 (2 VHS Videos) Selections from Dallas County Community College District Telecourse. Short, action-oriented videos developed by Dallas Count Community College for the Accounting in Action distance-learning course. Presents information in a dynamic, documentary-style and explores how businesses use accounting information. Good resource for generating classroom discussion. Larson’s Fundamental Accoun… |
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