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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.
How to do a trial Balance Particulars Amount Dr. Amount Cr. In
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explain the procidure followed in government system of accounting in india?
matt schmidt company''s ledger shows the amount of
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journal entry fire insurance claim received for previous year is 50% of its original claim
WHAT DO YOU MEAN BY CUM- INTEREST PRICE
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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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