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DR Retained Profits (in BS)

CR Cash/Bank (in BS)

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Q: What is the double entry for dividends paid?
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Paid cash in dividends journal entry?

[Debit] Dividends [Credit] Cash / bank


Dividends are paid from?

Dividends are paid from corporate profits.


Dividends per share is equal to dividends paid....?

Dividends paid divided by the toal number of shares outstanding.


How often are dividends paid?

Dividends are paid to shareholders by three types. They can either be paid annually, or biannually, or on quarterly basis.


A corporation gives out its profits as dividends paid to its?

Stockholders


To whom and how are dividends usually paid?

Dividends are usually paid to the investors of a company. These are paid on an annual or, more commonly, a quarterly basis.


Are dividends paid out of retained earnings?

Yes, the amount of x dividends paid will reduce retained earnings by x.


What is Paid up additional Insurance?

Paid up additions is a method of receiving your dividends from a mutual insurance company. Paid up additions is actually a very good method as it allows a policyholder to use their dividends to purchase paid up additional insurance in the policy thereby increasing coverage and increasing annual dividends because dividends are also paid on the additional insurance. You do not have to pay taxes on the dividends paid in this manner either.


How do you double entry when your debtor has paid your creditor for you?

credit the debtor and debit the creditor


How often of dividends are paid?

Quarterly


Dividends are paid to whom?

The stockholder.


How are Dividends are paid out of profits?

Yes. companies pay out dividends to its share holders from the profit they make out of their business. The more the profit the company makes the greater would be the dividends paid out to the shareholders.