Accrued dividend A/c...............Dr
Dividend account.....................Cr
Cash Ac.......................Dr
Accrued dividend A/c..........Cr
[Debit] Accrued income receivable [Credit] Accrued income
[Debit] Accrued income receivable [Credit] Accrued income
[Debit] Accrued traveling expenses [Credit] Accrued expenses payable
Adjusting entry as follows: [Debit] Cash / bank [Credit] Accrued commission
Yes following entry required: [Debit] Proposed dividend [Credit] dividend payable
[Debit] Proposed dividend [Credit] Dividend payable
Debit Accrued Interest Expense Credit Accrued Interest Payable
yes we will pass entry for proposed dividend P&L Appropriation A/c Dr. To Proposed Dividend
[Debit] Dividend [Credit] Cash
debit accrued expensescredit cash / bank
Dr. Accrued Expense Cr. Cash or Cash in bank
If dividend received is reinvested then there is no journal entry is required and this information can be mentioned through the use of memo entry.There is no journal entry required for dividend received reinvested as nothing is received by person or company so memo entry is enough for information purpose.
Debit accrued expensesCredit expenses payable
[Debit] Interest receivable [Credit] Accrued interest
debit stock dividendcredit dividend income
Accrued Revenue is a term that I rarely see, though it is an Asset and should be treated as such. Accrued Revenue would be treated similar to an Account Receivable. The Journal Entry would be a Debit to Accrued Revenue and a Credit to Revenue.
Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit
debit accrued insurance expensecredit insurance payable
Debit bondsDebit interest accruedCredit cash / bank
Debit dividend payableCredit cash /bank
if receiveddebit cash / bankcredit dividend incomeif paydebit dividendcredit cash / dividend payable etc
The journal entry should be as follows: dr Bank/Dividends Receivable xxx cr Dividend Income xxx
[Debit] Proposed dividend [Credit] Dividend payable [Debit] Dividend payable [Credit] Cash / bank
Adjustments for accrued fees of $5,000 have been earned but have not been billed to the client, how is this transaction recorded?
[Debit] Accrued interest income [Credit] Notes payable