What is the difference in accounting between cash dividends and share dividends? Give a sample journal entry

Question:

What is the difference in accounting between cash dividends and share dividends? Give a sample journal entry for each.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting Introduction To Financial Accounting

ISBN: 9781517089719

1st Edition

Authors: Henry Dauderis, David Annand

See More Books

Question Posted: Apr 26, 2016 09:41 AM

See More 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?
In this case, Rebeli Press decided not to keep books in inventory, but, instead, to order books printed as it needed them. It made this decision even though its cost per copy would have been lower if...
What is meant by project tasks being interdependent? Provide an example of two interdependent tasks. AppendixLO1
Chris Gayle, a lawyer, received $72,000 on October 1 to represent a client in real estate negotiations over the next 12 months. 1. Prepare the journal entries required in Gayles records on October 1...
X Company, a merchandiser, had the following transactions in August: 1. Borrowed $20,000 from a bank. 2. Bought equipment costing $10,200, paying the manufacturer $5,600 in cash and promising to pay...
From the following data plot, calculate the activation energy, Ea, for the reaction. How am I supposed to do that? I don't even know what those points are because they aren't directly at 3.10, etc,...
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?
Tweedie Company issues 10,000 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair value of $500,000 on this date. The service period related to this restricted...
Obtain the phase trajectories for a system governed by the equation \[\ddot{x}+0.4 \dot{x}+0.8 x=0\] with the initial conditions $x(0)=2$ and $\dot{x}(0)=1$ using the method of isoclines.
Indicate whether each of the following accounts normally has a debit balance or a credit balance. a. Land b. Dividends c. Accounts Payable d. Unearned Revenue e. Consulting Revenue f. Salaries...
Indicate whether each of the following accounts normally has a debit or credit balance. a. Common Stock b. Retained Earnings c. Land d. Accounts Receivable e. Insurance Expense f. Cash g. Dividends...
Match each of the items in the left column with the LO5, 6 appropriate annual report component from the right column: 1. The company's total liabilities 2. The sources of cash during the period 3. An...
Allegra Company has sales of $$167,000$ and a bicak-even sales point of $$123,000$. Compute Allegra s margin of safety and its margin of safety ratio.
What is the percentage of silver in an ionic compound of unknown composition if a 3.13-g sample of the compound is completely dissolved in water and produces 2.02 g silver chloride on addition of an...
D Which of the following is considered part of the Controlling activity of managerial accounting? O Choosing to purchase raw materials from one supplier versus another O Choosing the allocation base...
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...
Oct. 31: Paid salaries, $45,000 ( 75% selling, 25% administrtive). Data table Data table them to retail stores. The company has three inventory items: and floor lamps. RLC uses a perpetual inventory...
question 1- You borrow a simple loan of SR 500,000, interest rate is 20%, it matures in one year. what's the yied to maturity? question 2- calculate_i for One-Year Discount Bond with price(p) =...
Taste of Muscat is a reputed chain of restaurants operating in Oman. Assume You are working as a management accountant for this restaurant chain which is specialized in all types of Arabic food. Your...

What is the difference in accounting between cash dividends and share dividends? Give a sample journal entry

Question:

Step by Step Answer:

A cash dividend reduces both the asset Cash and the shareholde...View the full answer

Accounting Introduction To Financial Accounting

Students also viewed these Accounting questions