NO. They are declared by the board of Directors.
Dividends are declared out of current period net income. When declared, they reduce the amount added to retained earnings.
declared and paid a $900 dividend
Dividends use to be shown on the profit and loss. But now it only gets shown on the 'statement of changes in equity'
Dividend payable is classified as liability as soon as dividend is declared in liability side of balance sheet.
Dividends declared will not be recorded until they are actually paid. You should record the portion paid this year in your retained earnings and the portion that is paid in the next fiscal year in the subsequent year.
CEOs are paid in a mixture of salary, dividends and shares
Dividends are declared out of current period net income. When declared, they reduce the amount added to retained earnings.
declared and paid a $900 dividend
declared and paid a $900 dividend
Dividends use to be shown on the profit and loss. But now it only gets shown on the 'statement of changes in equity'
dividends are not being declared
issued share capital
Dividend payable is classified as liability as soon as dividend is declared in liability side of balance sheet.
Dividends declared will not be recorded until they are actually paid. You should record the portion paid this year in your retained earnings and the portion that is paid in the next fiscal year in the subsequent year.
CEOs are the top people in a company who have ultimate responsibility for its operation.
CEOs are the top people in an organisation, ultimately responsible for its operation
Dividend is a temporary account at it is closed the retained earnings account at the end of fiscal year.