What are dividends? Why are dividends not expensed when calculating net income whereas interest is expensed?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:53 AM

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What are dividends? Why are dividends not expensed when calculating net income whereas interest is expensed?

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Dividends are distributions of the earnings of a corporation to the owner...View the full answer

Financial Accounting A Critical Approach

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