Accounting For Declared Dividends
The declaration of a dividend:
AIs reported on the income statement
BIncreases total revenue
CIs classified as an asset
DDecreases retained earnings
clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810