0
is an asset
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Is dividends an asset on the balance sheet?
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
Are Advance paid a current asset or current liability?
advance paid is current asset and advance received is current liability.
How do you post paid a cash dividend in accounting?
[Debit] Dividend xxxx [credit] cash / bank xxxx
Does a decrease in prepaid expenses increase cash flow?
No, it does not. You already paid for it. The cash involved is gone. Whatever was pre-paid has decreased in value as an asset. It's not a liability, equity, revenue, nor an expense. It would have to be an increase in another form of an asset. Accumulated depreciation is likely the asset that would increase.
What is the journal entry for paid dividend s?
Debit dividend payableCredit cash /bank
Is dividends an asset on the balance sheet?
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
Is a dividend an asset or liability?
Investments are seen as current assets if the firm intends to sell them within a year. Long-term investments (also called "noncurrent assets") are assets that they intend to hold for more than a year. check link in bio for more information
Are Advance paid a current asset or current liability?
advance paid is current asset and advance received is current liability.
Where do dividends on the financial statements?
Dividends are reported on the income statement?
When a cash dividend is declared it would affect the balance sheet but not the statement of cash flows?
dividend will affect the cash flow when actual cash is paid and not at the time of declaration of dividend.
How do you post paid a cash dividend in accounting?
[Debit] Dividend xxxx [credit] cash / bank xxxx
Does a decrease in prepaid expenses increase cash flow?
No, it does not. You already paid for it. The cash involved is gone. Whatever was pre-paid has decreased in value as an asset. It's not a liability, equity, revenue, nor an expense. It would have to be an increase in another form of an asset. Accumulated depreciation is likely the asset that would increase.
Cash dividend decleared 40000 what is impact of cash flow?
In Cash flow under the financing activities shown as dividend paid.
Do Dividends paid belong in the operating section of the satement of cash flows?
dividend paid belongs to financing activities in cash flow statement as dividend is paid to stockholders who invests in company.
What is the journal entry for paid dividend s?
Debit dividend payableCredit cash /bank
Is depreciation a liability?
Depreciation is not a liability rather it is an expense and it is that part of full cost of fixed asset upto which company has utilized that asset in revenue generation in one specific fiscal year and as benefit is already taken and cash already paid it is expense rather then liability which deals with future.
Paid-in capital a asset or liability?
Neither, it is equity
