Why is the term liquidating dividend used to describe cash dividends debited against paid-in capital accounts? AppendixLO1

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Why is the term liquidating dividend used to describe cash dividends debited against paid-in capital accounts?

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Financial Accounting Information For Decisions

ISBN: 9780073043753

4th Edition

Authors: John J. Wild

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Question Posted: Jul 22, 2024 03:00 AM

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Why is the term liquidating dividend used to describe cash dividends debited against paid-in capital accounts? AppendixLO1

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Financial Accounting Information For Decisions

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