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

¿Cómo podemos hacer la expresión corporal?

(5+4) +10=5+(4+10) A. True B. False

Is the relationship between temperature and water density an inverse or direct relationship?

6root27+root243 simplify

What is the quotient of -27.375 divided by 7.5 A)–3.65 B)–0.365 C)0.365 D)3.65

How the political and economic transformations in the world led to the creation of the silk road and how the silk road in return, affected the cosmopolitan worl

The first three steps in writing f(x) = 40x + 5x2 in vertex form are shown. Write the function in standard form. f(x) = 5x2 + 40x Factor a out of the first two

What is the pH of 0.0025M H2SO4

Is computer doing more good than harm or more harm than good

Alexa needs 20.5 pints of blueberries to jam. She picked 7.75 pints on Friday and pints on Saturday. How many more pints she need to pick?