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Q. Dividends paid to owners?
Stockholders' equity is (a) improved by capital contributed by stockholders and by revenues earned through operations and (b) decreased by expenses incurred in producing revenues. The payment of cash or other assets to stockholders in the form of dividends as well reduces stockholders' equity. Therefore if the owners receive a cash dividend the effect would be to reduce the retained earnings part of stockholders' equity the amount of dividends is not an expense but a distribution of income.
What is the change fund Business that have many cash transactions generally establish this fund, which is an amount of money which is placed in the cash register drawer and is
collection of data and methodology
The Company changed its process of accounting for pre-opening costs. These changes had no cash impact and the pro forma amounts accessible in the consolidated statement of income r
At the reception it is decrypted and actual data is obtained. Explain the different methods of encryption technique
The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye
Q. Explain about Going-concern concept? Except strong evidence exists to the contrary accountants assume that the business entity will continue operations into the indefinite
Q. What is dividend? One idea of the statement of retained earnings is to connect the income statement and the balance sheet. The statement of retained earnings describes the c
Accounting conventions The phrase 'convention' is used to signify customs or ethnicity as a guide to the research of accounting statements. A variety of accounting conventions
1. For what reasons do corporations purchase the stock of other corporations? 2. Explain how marketable securities should be classified in the balance sheet. 3. Describe the valu
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
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