No they are considered earnings to be paid to stockholders.
C Corporations are taxed twice. Once on the Corporate earnings and then as dividends to the shareholders. What a rip off, eh.....
Dividends payable are part of balance sheet as liability and shown under liability side of business.
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A payroll expense is an expense for an employee of a business. It is what is used to pay the workers in a company or organization.
If rent is paid for any activity which is directly related with the primary business activity then rent is not other expense, but if rent is paid for activity which is not directly related to primary business activity then it is other expense.
Dividend payable are from current year's net income portion it is liability of business as soon as dividend declared.
Hi, Dividends are paid out of retained earnings (part of Capital) therefore I think Dividends can not be treated as an expense (the prudence being increase in Capital can not be treated as Revenue thats Cash generation while dividends are Surplus appropriation). regards, Zeeshan
Land purchase
C Corporations are taxed twice. Once on the Corporate earnings and then as dividends to the shareholders. What a rip off, eh.....
Notes Payable - I hope that wasn't for an exam.
Dividend in the business sense is defined as an outflow of cash resources to the owners of the entity as a return on their investment. If an entity does not declare dividend it can use the funds for expanding operations and growth. Hence, an entities growth is hurdled by declaring dividends. However most entities tend to strike a balance between growth and dividend.
If you are paying them for your employees as part of their compensation package, yes, it is a business expense. If it is for yourself, no, it is not a business expense, but it is usually tax deductable under medical costs.
Wedding planning can be a business expense - it is the same as business or management consultation or production services.
Business expense.
Yes. companies pay out dividends to its share holders from the profit they make out of their business. The more the profit the company makes the greater would be the dividends paid out to the shareholders.
Dividends payable are part of balance sheet as liability and shown under liability side of business.
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