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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 changes in retained earnings between two balance sheet dates. These changes typically consist of the addition of net income (or deduction of net loss) and the deduction of dividends. Dividends are the earnings by which a corporation rewards its stockholders owners for providing it with investment funds. A dividend is a payment typically of cash to the owners of the business it is a distribution of income to owners rather than an expense of doing business. Corporations aren't required to pay dividends and, because dividends aren't an expense they don't appear on the income statement. The effect of a dividend is to decrease cash and retained earnings by the amount paid out. Subsequently the company no longer retains a portion of the income earned but passes it on to the stockholders. Receiving dividends is obviously one of the primary reasons people invest in corporations.
Purchase of office supplies what is the account classification?
Consignor is the person who is the holder of the goods and who distribute the goods to the consignee. Consignee is the person who takes the goods and he just possesses the goods
Q. Show Adjustments for deferred items? This segment discusses the two types of adjustments for deferred items asset/expense adjustments and liability/revenue adjustments. In t
Cowhand's Bar-B-Q House went into business on January 1, 2009. The following information is available at December 31, 2009: Sales revenue for the year $30
on april-1,2005,raghu started a business of selling steel pipes and angles.he invested cash of Rs.50,00,000 & opened a current a/c with bank for Rs.20,00,000.He took loan from ICIC
Difference between SAP MEMORY and ABAP MEMORY? Ans) SAP Memory: Global, user-related memory that enlarges beyond transaction limits. Access to the SAP memory is through SPA/GPA
implication of applying accounting concepts
Q. Example of Electronic spreadsheets? Electronic spreadsheets have many applications in accounting. An electronic spreadsheet is basically a large blank page that contains row
You should have recorded in your cash books all amounts you've really received and payments you've really made. Though the cash books may be incomplete as your bank may have put ex
Cash $10,000 Accounts Payable $7,000 Accounts Receivable $6,400 Mortgage Payable $65,000 Supplies $1,500 Long-term Debt $36,000 Building $150,000 Notes Payable $9,000 Equip
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