Dividends stay in policy and accumulate interest.
Dividends, cash or otherwise, are taxed as ordinary income.
[Debit] Dividends [Credit] Cash / bank
Can't
Dividends in excess of retained earnings are not allowed by the IRS or CRA.
There are several different modules and topics to EverFi. Some websites, like Quizlet, have flash cards with the answers that you can print and study from. You can get started here: http://quizlet.com/2646424/everfi-module-2-flash-cards/
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Dividends are paid from corporate profits.
The dividends increase.
stock dividends
Dividends paid divided by the toal number of shares outstanding.
Dividends stay in policy and accumulate interest.
Dividends are increased with debits.
Dividends are income from shares. It is not Interest
My dividends were pleasantly surprising this quarter.
Dividends have a normal Debit balance. An easy way to remember this is "DEAD": Debits are Expenses, Assets, and Dividends.
Getting dividends increases your wealth.