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Q: What is the closing entry in the declaration of dividends?
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Journal entry to reflect cash dividends from retained earnings?

The name for journal entries that reflect cash dividends from retained earnings is closing entries. This also reflects book value and cash flow.


Is a declaration of dividends reported on a statement of cash flows?

The answer is no since there is no actual cash outflow at declaration date. Journal Entry at Declaration Date: Dr. Dividends/Retained Earnings xxx Cr. Dividends Payable xxx If you will prepare the cash flow statement using the indirect method, try to imagine the "Dividends" account as if an expense/nominal account. Start first with the net income, assuming only dividends is your transaction during the month... Net Loss (Dividends) (XXX) Increase in liability (dividends payable) XXX The impact is zero 0 *Rule is increase in asset (-), increase in liability (+) for the indirect method of cash flow statement.


Paid cash in dividends journal entry?

[Debit] Dividends [Credit] Cash / bank


What is closing entry of asset?

closing entry of an asset means the adjustment entry we do on the last day of accounting year.


When is direct entry form for 2009 closing?

when is direct entry form for 2009 closing


The entry closing the Expense and Revenue Summary is a?

The entry closing the Expense and Revenue Summary is a?


What is the accounting entry for the declaration of the property dividend?

To account for the declaration of a property dividend, you must first restate the property at fair value, recognizing any gain or loss as the difference (125,000) between the property's fair value (750,000) and carrying value (625,000) at the DATE OF DECLARATION. Investment in securities 125,000 Gain of appreciation of securities 125,000 Retained Earnings 750,000 Property Dividends payable 750,000 At the DATE OF DISTRIBUTION of the property dividends: Property Dividends payable 750,000 Investment in securities 750,000


The closing entry process consists of closing?

revenues and expenses


Journal entry for adjusting closing stock with purchases?

what is entry of closing stock in p & L a/c & balance sheet


What is closing entry?

A closing entry is when data in the temporary accounts, is transferred to the permanent balance sheet, or to the income statement accounts.


How do you get the stock dividends in a journal entry?

debit stock dividendcredit dividend income


What was the price of ATT stock on March 10 2009?

$23.02 was closing price on March 10, 2009. After adj. for dividends and splits, the closing price was $22.28.