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Dividends use to be shown on the profit and loss. But now it only gets shown on the 'statement of changes in equity'

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14y ago

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Dividends are declared out of?

Dividends are declared out of current period net income. When declared, they reduce the amount added to retained earnings.


Are dividends declared by CEO's?

NO. They are declared by the board of Directors.


How do you journalize declared dividends?

declared and paid a $900 dividend


A corporation's dividends are declared by the corporation's?

A corporation's dividends are declared by the corporation's board of directors. The board evaluates the company's financial performance, cash flow, and future investment needs before deciding on the amount and timing of dividends. Once declared, dividends are typically paid to shareholders on a specified date. The decision to distribute dividends reflects the corporation's commitment to returning value to its shareholders.


How do you declare dividends?

declared and paid a $900 dividend


Are qualified dividends included in ordinary dividends on Form 1040?

Qualified dividends are a type of dividend that is taxed at a lower rate than ordinary dividends. On Form 1040, qualified dividends are reported separately from ordinary dividends.


Do you have to report dividends on your taxes?

Yes, dividends are typically considered taxable income and must be reported on your tax return.


Where are dividends reported?

Dividends use to be shown on the profit and loss. But now it only gets shown on the 'statement of changes in equity'


Where on the 1040 form should specified private activity bond interest dividends be reported?

Specified private activity bond interest dividends should be reported on line 2b of the 1040 form.


What is the total amount of private activity bond interest dividends reported in box 12 of the tax form?

The total amount of private activity bond interest dividends reported in box 12 of the tax form is the sum of all interest dividends earned from private activity bonds during the tax year.


If a stocks expected return exceeds it required return this suggests that?

dividends are not being declared


Should cash dividends be recorded as a liability?

Yes, cash dividends should be recorded as a liability once they are declared by the board of directors. At that point, the company has an obligation to pay the shareholders, creating a legal liability. Until declared, dividends are not recognized as a liability, as there is no commitment to pay them. Therefore, the recording occurs at the declaration date, not at the payment date.