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dividend.
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∙ 13y ago
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How is a dividend payment recorded?
profit transfering to capital p&l a\c ...dr to capital payment capital a\c ...dr to cash
What is the difference in profit vs non profit corporations?
Where as non profit corporations work with the ulterior motive of public welfare, where profit motivation is secondary, the profit corporations work solely with the aim of maximization of profits at whatever means available.
What is the difference between cash accounting profit and loss and accrual accounting profit and loss?
Cash accounting and accrual accounting are two methods of accounting in cash accounting system all expenses and revenues are recorded when actual cash is paid or received while in accrual profit and loss statement, revenues and expenses are recorded when they are actually occurred and timing of receipt and payment of cash is not important.
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
Payment by check or payment by cash?
cash payment limited for budget 2010-2011
What do you mean by cash?
Cash profit means profit after tax plus depreciation.
What you mean by cash?
Cash profit means profit after tax plus depreciation.
How do corporations distribute profit to there owners?
The corporations distribute profit according to the share porportions of the partners or as per mutual settlement during inception of business.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
How is math used in stores?
cash register...profit...revenue cash register...profit...revenue
Effects of final account if depreciation is ommitted?
if depreciation is omitted on final account it will Over state the profit .
Is profit more important than cash?
Profit and cash can be the same thing. You can have profit on the books and not have the cash because it can be tied up in various processes. Your actual disposable income is the most important.
