Which of the following is the appropriate general journal entry to record the declaration of cash dividend? a. Retained Earnings XXX Cash XXX b. Cash Dividend Payable XXX Cash XXX c. Paid-In Capital Cash Dividend Payable XXX XXX d. Cash Dividends XXX Cash Dividends Payable XXX

Q: Entries for cash dividend

A: When the Board of Directors approve and announce a cash dividend, then the company must record a…

Q: escribe the cash flow and balance sheet account entries for the "stock dividend" occurrence.

A: Company means a form of business where the share holder invest money in business in form of shares…

Q: When a company declares a cash dividend, which of the following is the correct reporting on the…

A: cashflow statement is the financial statement which reports cash inflow and cash outflow of the…

Q: On the cash flow statement, what is the ramifications of announcing a cash dividend

A: This question explains about the cash flow statements and ramifications of announcing a cash…

Q: The cumulative effect of the declaration and payment of a cash dividend on a company’s financial…

A: The cumulative effect of the declaration and payment of a cash dividend on a company’s financial…

Q: What’s the effect of Declaration of a cash dividend on the cash flow statement

A: Cash dividend refers to the net amount of dividend that a company pays to its shareholders in the…

Q: Identify the type of cash flow activity for each of the following events (operating, investing, or…

A: Cash Flow Statement:Cash Flow Statement is a fundamental financial statement that renders valuable…

Q: Why is the term liquidating dividend used to describe cash dividends debited against paid-in capital…

A: Cash dividends: This is the amount of cash distributed to stockholders by a company out its…

Q: Which of the following shows the effects of providing services for cash on the accounting equation?…

A: 1. Accounting Equation - Accounting Equation is calculated using following equation - Assets =…

Q: How do Dividends Paid impact Declan's Designs' Statement of Cash Flows?   Question 30 options:…

A: >Statement of Cash flows is one of the financial statements, and is prepared for a particular…

Q: Which of the following items could appear in a statement of cash flows? 1. Proceeds from issue of…

A: The cash flow statement is prepared to record the cash flow from various activities during the…

Q: Identify which section the statement of cash flows (using the indirect method) would present…

A: Operating cash flow is the amount of money generated by a company's normal business operations…

Q: Entries for Cash Dividends

A: No Entry will be passed on Jan . 12 as it is clearly mentioned in the question  that record…

Q: Stockholders' equity a.is usually equal to cash on hand b.includes retained earnings and paid-in…

A: Stockholders equity are the section of shareholders that includes  paid in capital, additional paid…

Q: In preparing a statement of cash flows, sale of treasury shares at an amount greater than cost would…

A: Treasury shares: Treasury stock, sometimes referred to as treasury shares or reacquired stock, is…

Q: The effect of the declaration of a cash dividend by the bc Increase Stockholders' equity Decrease a.…

A: Solution: The effect of declaration of cash dividend by board of director is to "Increase…

Q: Which of the following is the appropriate general journal entry to record the declaration of cash…

A: When a cash dividend is declared, a liability that occurs in the dividends payable will increase and…

Q: Which of the following statements best describes the retained earnings? Retained earnings is equal…

A: Cash account represents the unused cash of the business. Retained earnings is the total of…

Q: Describe the event of “stock dividend” in terms of cash flows and accounting entries to the Balance…

A: Dividends are the amount paid to the shareholders of the company from the profits in return for the…

Q: 37. Which of the following is/are true? Statement of cash flows shows the halances of an entity's…

A: Net profit means the difference between the income and expenses. Financial statement means the…

Q: Cash receipts from share issuances are: a. operating activities b. financing activities c.…

A: Cash Flow Statement is prepared to show the flow of cash of the firm during the accounting period.…

Q: Which of the following is not a cash disbursement item? a. Cash purchases b. Cash dividend payment…

A: Cash disbursement is also called cash payment made in specific period.

Q: The re-issuance of treasury stock for cash would be reported on a statement of cash flows under the…

A: Statement of cash flows: Statement of cash flow is a financial statement that shows the cash and…

Q: Under what section of the Statement of Cash Flows would you report cash dividend payments on common…

A: Statement of cash flows are the statements of cash activities of inflows and cash activities of…

Q: When does a company declare a cash dividend

A: A dividend is a share of profits and retained earnings that a company pays out to its shareholders.…

Q: corporation disbursed cash dividends to its stockholders. On that c otal amount of the dividend is…

A: A decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to…

Q: a. Where should a declared but unpaid cash dividend be reported on the balance sheet?b. Where should…

A:

Q: For cash dividends, the journal entry on the date of recorda. debits Retained Earnings and credits…

A: Dividend: It can be defined as the distribution of the net profits of the company to its…

Q: Which of the following is the appropriate general journal entry to record the declaration of cash…

A: Journal entry is the process of recording the business transactions in the books of accounts for the…

Q: The sale of treasury stock will be reported as a in the section of the cash flow statement. O Cash…

A: Cash Flow Statement:- This statement shows the cash inflow or outflow movement during the period of…

Q: What are the three relevant dates involving cash dividends? Describe each.

A: Dividend: Dividend is a part of income paid to shareholders of an organization for the investment…

Q: What are the three key dates for cash dividends? Describe each one

A: The three key dates for cash dividends:

Q: Define each of the following terms:c. Statement of stockholders’ equity; statement of cash flows

A: Financial statements are statements that show a true and fair view of the financial performance of…

Q: When a corporation declares a cash dividend, the entry include a a. debit to net income b. credit…

A: The correct entry for declaration of dividend is:   Account Titles and Explanation  Debit…

Q: The appropriate section in the statement of cash flows for reporting conversion of preferred stock…

A: Statement of cash flows is the statement which shows all cash inflows and cash outflows of business…

Q: Which of the following constitutes an internal source of funds Oa. Corporate bonds b. Common stock…

A: A company can generate funds from two sources, i.e., internally and externally. Internal sources of…

Q: In preparing a statement of cash flows, which of the following transactions would be considered an…

A: solution concept cash flow statement consists of                 -cash flow from operating…

Q: Which of the following is the appropriate general journal entry to record the declaration of cash…

A: As no stock is involved, paid in capital is not used.  Dividends payable is not a operating…

Q: Describe the role of ex-dividend date in the payment of cash dividend.

A: ex-dividend  date is usually one day before record date. Before ex-dividend date share price include…