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A declared cash dividend is recorded as?
A declared cash dividend is recorded as a liability on the company's balance sheet. When the board of directors declares a dividend, it creates an obligation for the company to pay that amount to shareholders. This is typically recorded in the dividends payable account, which reflects the total amount to be distributed. Additionally, the retained earnings account is reduced by the same amount to reflect the distribution of profits.
What effect will the entry to record the NSF check have on the accounting equation?
The entry to record a non-sufficient funds (NSF) check will decrease assets and decrease equity. Specifically, accounts receivable (an asset) will be reduced to reflect the uncollectible amount, while retained earnings (part of equity) will also decrease due to the loss of revenue. This action maintains the accounting equation, as both sides remain balanced.
When you file your taxes does the amount you contributed to your 401k plan come off your gross amount for the year?
Yes it does, your employer should have already subtracted this amount from your earnings, and specified it in a separate space on your w-2. Your gross earnings for the year should have already been reduced by the untaxable amount. You do not subtract it again.
Should a capital account increase or decrease at end of year?
A capital account should ideally increase at the end of the year, reflecting profitable operations, retained earnings, or additional investments made by owners. An increase indicates that the business is growing and generating value. Conversely, a decrease might signal losses, withdrawals by owners, or reduced equity, which can be concerning for the financial health of the business. Ultimately, the goal is to maintain or enhance the capital account to support sustainable growth.
How much taxes do i have to pay if im self employed?
In 2009, you will pay the regular state and federal tax rates on all of your income, including your self-employment income. In addition, you will pay a Social Security tax of 12.4% on the first $106,800 of your net self-employment earnings (reduced by other earnings subject to SS) and a Medicare tax of 2.9% of your net self-employment earnings with no limit. You should also investigate whether you need to make quarterly estimated tax payments to avoid possible penalties for underpayment.
What country has reduced their oil reserves?
the country is Iran
Can you get reduced earnings and incapacity at same time?
yes you can
What is procedure of dividend payment?
Dividend payments are certainly not guaranteed as we saw in 2009, when hundreds of companies reduced and even eliminated their dividends to investors. Dividends come from net income of a company less...No, corporations are not required to pay dividends on their stocks. However, some mutual funds are designed to only invest in dividend-paying stocks, so some corporations pay a miniscule dividend in...Yes. Equity consists of paid-in capital (received from the shareholders when they bought their shares) and retained earnings. Retained earnings are all past earnings that the company made and did not.
What is payment of dividend?
Dividend payments are certainly not guaranteed as we saw in 2009, when hundreds of companies reduced and even eliminated their dividends to investors. Dividends come from net income of a company less...No, corporations are not required to pay dividends on their stocks. However, some mutual funds are designed to only invest in dividend-paying stocks, so some corporations pay a miniscule dividend in...Yes. Equity consists of paid-in capital (received from the shareholders when they bought their shares) and retained earnings. Retained earnings are all past earnings that the company made and did not.
If you earn 20 then your earnings are decreased to 15 how much of a percentage was reduced?
25%
Can you get incapacity benefit and reduced earnings allowance together?
No. you have no capacity to perform. Reduced earning allowance was inplaced if you were able to perform. your out of luck. STATED BY AUTHOR
A declared cash dividend is recorded as?
A declared cash dividend is recorded as a liability on the company's balance sheet. When the board of directors declares a dividend, it creates an obligation for the company to pay that amount to shareholders. This is typically recorded in the dividends payable account, which reflects the total amount to be distributed. Additionally, the retained earnings account is reduced by the same amount to reflect the distribution of profits.
What is the disadvantage of magnesium is reduced in magnesium alloy that is retained?
One disadvantage is that the reduced magnesium content can lead to decreased strength and corrosion resistance in the alloy. This can result in lower performance and durability of the material compared to the original magnesium alloy.
What disadvantages is reduced when magnesium is retained in magnesium alloys?
When magnesium is retained in magnesium alloys, the disadvantages of low strength, poor corrosion resistance, and high flammability associated with pure magnesium are reduced. The alloying process enhances the mechanical properties, improves corrosion resistance, and reduces the risk of ignition.
What effect will the entry to record the NSF check have on the accounting equation?
The entry to record a non-sufficient funds (NSF) check will decrease assets and decrease equity. Specifically, accounts receivable (an asset) will be reduced to reflect the uncollectible amount, while retained earnings (part of equity) will also decrease due to the loss of revenue. This action maintains the accounting equation, as both sides remain balanced.
Increasing interest exspense has what affect on ebit?
Increasing interest expense will decrease EBIT (Earnings Before Interest and Taxes) as it directly reduces the company's profitability by deducting the interest payment from the operating income. This results in lower EBIT margins and reduced earnings available to shareholders.
What does REA stand for?
REA can stand for various things under medication and drugs. It can mean Right Ear Advantage, Reduced Earnings Allowance or Radiological Emergency Assistance.
