Which of the following events should be recorded in the accounting records? Explain your answer in each

Question:

Which of the following events should be recorded in the accounting records? Explain your answer in each case.
(a) The company wins an award as one of the top 50 companies in Canada to work for.
(b) Supplies are purchased on account.
(c) A shareholder dies.
(d) The company pays a cash to its shareholders.
(e) A local lawyer agrees to provide legal services to the company for the next year.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...