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Proposed dividends are considered a current liability. Once a company's board of directors declares a dividend, it becomes a legal obligation for the company to pay that amount to shareholders, typically within the next accounting period. This obligation is recorded on the balance sheet as a liability until the dividend is paid.
What else can I help you with?
Is the cash dividend paid asset or liability?
is an asset
Is dividends an asset on the balance sheet?
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
Are Advance paid a current asset or current liability?
advance paid is current asset and advance received is current liability.
Is a security deposit a current asset or current liability?
Current Asset
Is Creditors an asset or liability?
Current Liability
Is the cash dividend paid asset or liability?
is an asset
Is dividends an asset on the balance sheet?
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
Are Advance paid a current asset or current liability?
advance paid is current asset and advance received is current liability.
Is a security deposit a current asset or current liability?
Current Asset
Is a dividend an asset or liability?
Investments are seen as current assets if the firm intends to sell them within a year. Long-term investments (also called "noncurrent assets") are assets that they intend to hold for more than a year. check link in bio for more information
Is Creditors an asset or liability?
Current Liability
Sundry creditor is a -------------- 1.current liability 2.long term liability 3.current asset. 4.fixed asset.?
Sundry creditor is current liability.
Is dividends Payable an asset?
Dividend payable is the amount which is payable by the company to share holders so it is a liability of company and not an asset.
Is expenses owing a current liability or a current asset?
expense owing is a current asset
Is accounts recievable a current liability?
Accounts receivable is a current asset, never a current liability.
Is interest payable a current asset?
No it is a current liability
Is owner's capital a current asset or other asset?
None!- Its liability.
