What is the difference in accounting between cash dividends and share dividends? Give a sample journal entry
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
A cash dividend reduces both the asset Cash and the shareholde...View the full answer
Answered By
Hassan Ali
I am an electrical engineer with Master in Management (Engineering). I have been teaching for more than 10years and still helping a a lot of students online and in person. In addition to that, I not only have theoretical experience but also have practical experience by working on different managerial positions in different companies. Now I am running my own company successfully which I launched in 2019. I can provide complete guidance in the following fields. System engineering management, research and lab reports, power transmission, utilisation and distribution, generators and motors, organizational behaviour, essay writing, general management, digital system design, control system, business and leadership.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Introduction To Financial Accounting
ISBN: 9781517089719
1st Edition
Authors: Henry Dauderis, David Annand
Question Posted:
Students also viewed these Accounting questions
-
What is the difference in accounting for research and development cost between U.S. GAAP and IFRS?
-
What is the difference in accounting for involuntary or voluntary costs related to safety or environmental costs?
-
What is the difference in accounting for investments among investor-owned, not-for-profit, and governmental health care organizations?
-
Accounting for Contingencies and Provisions In accounting, contingencies and provisions play a crucial role in preparing financial statements and ensuring accurate representation of a company's...
-
The expected value criterion is considered to be the rational criterion on which to base a decision. Is this true? Is it rational to consider risk?
-
1. Advise the Morales on how to fill out a credit application. 2. Explain to them the procedure that the bank will probably follow in processing their application. 3. Tell them about credit scoring...
-
Thomas Walsh was the Chief Administrative Officer of the Virginia Commonwealth University (VCU) School of Medicine. When concerns were raised about the financial management of Walshs department, VCU...
-
Reliance Company manufactures and sells wireless video cell phones, which it guarantees for five years. If a cell phone fails, it is replaced free, but the customer is charged a service fee for...
-
a) Money markets are used to trade debt securities and instruments with maturities of less than one year. Identify three characteristics of the money market. (6 marks) b) Explain four reasons for the...
-
Consolidation related simulation example: Millennium Capital Management, Inc., (MCM) acquired a 90% interest in NextGen, Inc. MCM's Financial Manager, Matthew Steven, has prepared a draft memo to the...
-
If the market price of a share is less than its book value; is it a bargain? Why or why not?
-
How does a share dividend differ from a share split?
-
Morrison Company sells 124,000 units at $16 per unit. Variable costs are $12 per unit, and fixed costs are $144,000. Determine (a) The contribution margin ratio. (b) The unit contribution margin. (c)...
-
The performance reporting that my current organization utilized is Variance Analysis for Direct Materials and Direct labor. This is because we are a manufacturer which means we manufacture our own...
-
What is the future value of $6300 invested for 9 years at 6.2 percent compounded annually? Round to the nearest penny. Your Answer: Answer Question 13 (1 point) You begin saving for your retirement...
-
Write a MIPS procedure that performs the 1D sum of absolute differences (SAD) of two byte arrays: int sad (char *array1, char *array2, int len) { char sum = 0; for (int i=0; i
-
Suppose you wished to analyze the impacts of an increase in the tax on gasoline in the U.S using a simple partial equilibrium model. According to the U.S. Department of Transportation, 159.2 million...
-
Required: Prepare the statement of profit or loss and other comprehensive income (by nature) and the statement of changes in equity for the year ended 31 October 2019 and statement of financial...
-
95% confidence; n = 30, x = 1533, s = 333 Use the given confidence level and sample data to find a confidence interval for the population standard deviation . In each case, assume that a simple...
-
Independent random samples of sizes n1 = 30 and n2 = 50 are taken from two normal populations having the means 1 = 78 and 2 = 75 and the variances 21 = 150 and 22 = 200. Use the results of Exercise...
-
How would e-commerce improve the revenue/collection cycle?
-
How would e-commerce improve the revenue/collection cycle?
-
Guardian Security Services was established on August 15, 2010, to provide security services. The services provided during the remainder of the month are listed below. Aug. 18. Issued Invoice No. 1 to...
-
Match the statements to the protocols * faster more reliable used for sending data TCP UDP both
-
1. Should managers try to maximize market value of equity or to maximize the accounting value of equity in the balance sheet? Why? 2. What is your understanding of the relationship between risk and...
-
How much risk is appropriate for a government-run annuity system? Is there an appropriate risk-return calculation to be made? Is Social Security risk free? What about political risk?
Study smarter with the SolutionInn App