Contrast the effects of the (a) Declaration date, (b) Record date, (c) Payment date for a cash dividend on a company 's (1) Assets, (2) Liabilities, (3) Share capital, (4) Retained earnings, (5) Total shareholders ' equity, (6) Number of shares ...

On the declaration date the board of directors formally authorizes the cash d ...

Contrast the effects of the (a) Declaration date, (b) Record date, (c) Payment date for a cash

Question:

Contrast the effects of the

(a) Declaration date,

(b) Record date,

(1) Assets,

(2) Liabilities,

(3) Share capital,

(4) Retained earnings,

(5) Total shareholders' equity,

(6) Number of shares.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...