0
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.
What else can I help you with?
Cash flows from interest received are reported in the statement of cash flows as part of?
Operating activities
What section in the statement of cash flows for reporting the receipt of cash dividenDs from investments in securities is what?
Operating Activities ;)
Where would Cash paid for equipment be reported in the statement of cash flows?
expenses
Where is the receipt of a notes receivable reported on the statement of cash flows?
In the asset area
What is Dividends received in cash flows statement?
Dividend received is the amount received by company from investing in other companies and shows in cash flows from investing activities.
What does Cash investments made by the owner to the business are reported on the statement of cash flows in the?
Cash investments made by the owner to the business are reported on the statement of cash flows in the financing activities section. This section reflects cash flows related to transactions with the company's owners and creditors, including capital contributions, loans, and dividends. Owner investments indicate a commitment to the business and can influence its financial stability and growth potential.
Cash flows from interest received are reported in the statement of cash flows as part of?
Operating activities
How can one find cash dividends?
To find cash dividends, one can look at a company's financial statements, specifically the income statement or the statement of cash flows. Cash dividends are typically listed as a line item under the "cash flows from financing activities" section. Additionally, companies often announce and distribute dividends through press releases or investor relations websites.
What section in the statement of cash flows for reporting the receipt of cash dividenDs from investments in securities is what?
Operating Activities ;)
How can one find dividends in accounting?
In accounting, dividends can be found by looking at the financial statements of a company, specifically the statement of retained earnings. Dividends are typically listed as a separate line item under the equity section of the balance sheet or as a separate entry in the statement of cash flows.
Where would Cash paid for equipment be reported in the statement of cash flows?
expenses
Where is the receipt of a notes receivable reported on the statement of cash flows?
In the asset area
What is Dividends received in cash flows statement?
Dividend received is the amount received by company from investing in other companies and shows in cash flows from investing activities.
Cash paid for preferred stock dividends should be shown on the statement of cash flows under?
financial activities financial activities
How can I determine the amount of dividends paid by a company?
To determine the amount of dividends paid by a company, you can look at the company's financial statements, specifically the statement of cash flows or the statement of changes in equity. The dividends paid will be listed as a line item in these statements, showing the total amount distributed to shareholders during a specific period.
Preferred stock issued in exchange for land would be reported in the statement of cash flows in?
a separate schedule
The acquisition of land by issuing common stock is?
a noncash transaction which is not reported in the body of statement of cash flows
