Explain the three important dates involved in paying a dividend.
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Explain the three important dates involved in paying a dividend.
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- Which of the following occurs when a previously declared dividend is paid? Assets increase Equity Increase Liabilities decrease Liabilities increaseThe date which determines who gets the dividend * a. date of record b. date of issuance c. date of payment d. date of declarationWrite a note on dividend. To who is dividend is paid?
- Which of the following will result when a dividend is paid? A debit to dividends payable. A credit to dividends payable. A debit to capital. A credit to capital.Identify which one of the following will be recorded in statement of changes in equity: a. Interest received b. Dividend received c. Tax paid d. Dividend paidHow does the payment of dividends of $15,000 affect the three elements of the accounting equation? Is net income affected by the payment of dividends? Explain.