0
Dividend payable is classified as liability as soon as dividend is declared in liability side of balance sheet.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Is dividends payable in stock a liability?
No,
Dividends Payable are they on a balance sheet?
yes
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.
Does dividends go on a balance sheet?
Dividends payable are part of balance sheet as liability and shown under liability side of business.
When paying on credit is that classified as accounts payable or receivable?
account payable
Is dividends payable in stock a liability?
No,
Dividends Payable are they on a balance sheet?
yes
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.
Which of Notes Payable Cash Interest Expense and Dividends are decreased with a debit?
Notes Payable - I hope that wasn't for an exam.
Does dividends go on a balance sheet?
Dividends payable are part of balance sheet as liability and shown under liability side of business.
When paying on credit is that classified as accounts payable or receivable?
account payable
How do you enter dividends on a journal entry?
[Debit] Proposed dividend [Credit] Dividend payable [Debit] Dividend payable [Credit] Cash / bank
What are the proper Accounting journal entries for dividends payable?
[Debit] Dividend expense [Credit] Dividend payable 2nd entry at time of payment Debit Dividend payable Credit Cash
Does dividends payable have a normal balance of a credit?
Yes divident payable has credit as a normal balance because it is the liability of company to pay to it's shareholders.
How is the bonds payable classified on the balance sheet?
Bonds payable is classified as liability in balance sheet. That portion which is payable in current fiscal year as current liability while remaining portion as non-current liability.
Are dividends payable an expense or owner equity?
Dividend payable are from current year's net income portion it is liability of business as soon as dividend declared.
Are Dividends Payable recorded on balance sheet?
no they will be paid directly into your share dealing account. through the broker.
