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

Which equations are equivalent to the given equation? 0.4y = 10 Choose all answers that are correct. A. 0.4y = 10/0.4 B. 0.4y / 0.4 = 10 / 0.4 C. 0.4y * 2.5 = 1

Which cultural impact was a direct outcome of the collapse of the western roman empire?

Which statement best describes why many Southerners supported the Kansas-Nebraska Act? A.It extended the Missouri Compromise to those areas. B.It allowed ensl

Europeans believe in their cultral superiority helped them justify imperialistic actions because they thought

rabbits have large ears. infer how this adaptation helps the rabbit meet its needs

Pablo wrote tour division equations with 6 the quotient what could have been the four division equations that he wrote?

Spoken word and written text are different because?

A bowling ball with a mass of 4.5 kg travels at a velocity of 37 m/s for 2.5 s until it stopped at the end of the lane by the ball return. What additional info

How would you solve this problem?

joan counted that 2/10 of her jelly beans were red. Dean counted that 6/10 of his jelly beans were red. Hiw much greater a fraction od Dean's jelly beans were r