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Where does dividends belong in the elements of financial statements?
Wiki User
∙ 13y ago
Dividends are subtracted from retained earnings at the end of the period.
Dividend is a distribution of profit to the shareholders. Net income is either retained within the firm (used to fund growth), or paid out as a dividend.
Retained earnings (profits that are retained) increases with net income, and decreases with dividends. Dividends is therefore included on the statement of retained earnings (the actual name of the statement may differ, for example it may be called 'movements in equity').
There may be a liability 'dividends payable' on the balance sheet. This is the unpaid portion (still payable) of the dividends at year's end. It is not safe to assume this equals total dividends (as some portion could already been paid).
Wiki User
∙ 13y ago
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Where does inventory belong in the elements of financial statements?
Assets
What part of the elements of financial statements does paid in capital belong to?
assets
What part of the elements of financial statements does retained earnings belong to?
equity
What part of the elements of financial statements does additional paid-in capital belong to?
equity
What part of the elements of financial statements does loss on sale of equipment belong to?
Loss on sale of equipment is shown in income statement as other loss.
Where does additional paid in capital belong in the elements of financial statements?
Additional paid in capital is also part of paid in capital of business and shown as an addition to already exists paid in capital of business.
Which part of the elements of financial statements does sales belong to?
If I understand your question correctly, sales is revenue, which is part of owner's equity. So you would use that amount in your income statement, and your trial balance (if you use one).
Does dividends belong on balance sheet?
no
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The alkaline earth metals belong to group 2A elements. The alkali metals belong to group 1A elements. The halogens belong to group 7A elements. The noble gases belong to group 8A elements.
What elements belong to the p block?
Elements which have their valency electrons in the p sub shell belong to this. Elements of groups 13,14,15,16,17,18 are in p block.
What family do diatomic elements belong to?
They belong to different families but HALOGENS family consists of diatomic molecular elements.
What family or group do the representative elements belong?
the representative elements belong to the main group in the periodic table - rosellnica balasoto
