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Journal Entry for Dividends
4:45
YouTubeEdspira
Journal Entry for Dividends
This video shows how to record a journal entry when a company declares dividends. If the company declares a cash dividend and immediately pays it, you debit the Dividends account and credit the Cash account. If the company declares a cash dividend but does not immediately pay it, you debit the Dividends account and credit Dividends Payable ...
62.3K viewsJan 28, 2019
Dividends Received Deduction Explained
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