is an asset
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
When a dividend is paid, the T-accounts that are adjusted are the Dividends Payable account and the Cash account. Dividends Payable, a liability account, is debited to decrease it, reflecting the payment of the dividend. At the same time, the Cash account, an asset account, is credited to reduce the cash balance, as cash is being paid out to shareholders.
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.
advance paid is current asset and advance received is current liability.
[Debit] Dividend xxxx [credit] cash / bank xxxx
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
When a dividend is paid, the T-accounts that are adjusted are the Dividends Payable account and the Cash account. Dividends Payable, a liability account, is debited to decrease it, reflecting the payment of the dividend. At the same time, the Cash account, an asset account, is credited to reduce the cash balance, as cash is being paid out to shareholders.
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
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.
advance paid is current asset and advance received is current liability.
Dividends are reported on the income statement?
[Debit] Dividend xxxx [credit] cash / bank xxxx
No, it does not. You already paid for it. The cash involved is gone. Whatever was pre-paid has decreased in value as an asset. It's not a liability, equity, revenue, nor an expense. It would have to be an increase in another form of an asset. Accumulated depreciation is likely the asset that would increase.
dividend will affect the cash flow when actual cash is paid and not at the time of declaration of dividend.
In Cash flow under the financing activities shown as dividend paid.
Yes, once a dividend is declared by a company's board of directors, it becomes a liability on the company's balance sheet, even if it has not yet been paid. This liability reflects the company's obligation to distribute the declared amount to shareholders. If the dividend is not paid, it remains a liability until it is settled or canceled, impacting the company's financial statements.
dividend paid belongs to financing activities in cash flow statement as dividend is paid to stockholders who invests in company.