Martinemaberry6545 Martinemaberry6545

02-07-2021
Business

contestada

On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identify what would be include

Respuesta :

05-07-2021

Answer:

Debit : Dividend $1,000

Credit : Cash $1,000

Explanation:

The Journal entry to record dividend payment include a Debit to Dividend Account and a Credit to Cash Account to depict the outflow of cash.

Answer Link

Otras preguntas

Marco borrowed $150 from his brother.He has paid him back 30% so far.How much money does Marco still owe his brother?

Why did Americans move west in early to mid 1800s

7. In some places, a suspension bridge is the only passage over a river. The height of one such bridge, h, in metres, above the riverbed can be modelled by h =

What is the mass of potassium chloride when 6.75g of potassium reactants with an excess of chlorine gas the balanced chemical equation

Briefly summarize the four steps for limiting the topic of a short essay.

A strong cardiovascular system is developed through regular ______.

Corey is analyzing an advertisement that indicates that the majority of the population uses a specific brand of sunscreen. Which persuasive technique is being u

______ is a situation in whihch the economy produces more goods and services than it did they year before. a. recession b. trough c. economic productivity d. ec

how did archduke franz ferdiland instigate urge on the collapse of peace in europe

What is the term used when union workers refuse to work due to contractual disagreements? A. Labor law violation B. Strike C. Resignation D. Insubo