Discuss why dividends do not appear on the statement of income but do appear on the statement

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Discuss why dividends do not appear on the statement of income but do appear on the statement of cash flows.

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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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Question Posted: Jun 11, 2015 06:35 AM

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Discuss why dividends do not appear on the statement of income but do appear on the statement

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Dividends are not normal business expenses They are a di...View the full answer

Understanding Financial Accounting

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