Question
A cash distribution of earnings by a corporation to its shareholders is a cash dividend. Although dividends may be paid in other assets, cash dividends
A cash distribution of earnings by a corporation to its shareholders is a cash dividend. Although dividends may be paid in other assets, cash dividends are the most common. What are the three conditions for a cash dividend and explain the advantages and disadvantages of cash dividends? Also, describe the three dates included in a dividend announcement and the journal entries involved?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
