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Is dividends an equity account 2024?

Harper Adams | 2023-05-07 11:05:50 | page views：1279
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Oliver Gray

Works at the International Criminal Court, Lives in The Hague, Netherlands.
In this entry the account Retained Earnings is debited and Dividends Payable is credited for the amount of the dividend that will be paid. Retained Earnings is a stockholders' equity account and Dividends Payable is a current liability account.
2023-05-08 11:05:50
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Lucas Patel

QuesHub.com delivers expert answers and knowledge to you.
In this entry the account Retained Earnings is debited and Dividends Payable is credited for the amount of the dividend that will be paid. Retained Earnings is a stockholders' equity account and Dividends Payable is a current liability account.
How do you record a dividend payment to stockholders ...
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