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

Describe attribution theory, the fundamental attribution error, and self-serving bias. Use examples in your descriptions. How do our explanations both help and

Find five rational numbers between −2 and 0

what is solar system

Why do you think initial bud burst is changing? Explain your answer

Rewrite using a single exponent! 8² times 8³

Write five sentences comparing things in your school today versus how they were when you were a child. Example: Hoy hay ... pero cuando yo era niño/a ...

Select the antecedent of the pronoun "our" (IXL)

How does Sojourner truth use a biblical reference to support her argument? Story "Ain't i a woman" A.) ~ she says that god made women B.) ~ she quotes a bibl

The Chinese notion of "barbarian" was anyone who wasn't Chinese. What characteristics of the Xiongnu made them seem barbarian to chao cou ?

Math Minute 93b (2 of 4)