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Q. What is dividend?
One idea of the statement of retained earnings is to connect the income statement and the balance sheet. The statement of retained earnings describes the changes in retained earnings between two balance sheet dates. These changes typically consist of the addition of net income (or deduction of net loss) and the deduction of dividends. Dividends are the earnings by which a corporation rewards its stockholders owners for providing it with investment funds. A dividend is a payment typically of cash to the owners of the business it is a distribution of income to owners rather than an expense of doing business. Corporations aren't required to pay dividends and, because dividends aren't an expense they don't appear on the income statement. The effect of a dividend is to decrease cash and retained earnings by the amount paid out. Subsequently the company no longer retains a portion of the income earned but passes it on to the stockholders. Receiving dividends is obviously one of the primary reasons people invest in corporations.
Question: You have decided to borrow $20,000 so that you can consolidate the loans you currently have with other lenders. You have agreed to repay the loan in 8 equal semi-annu
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Q. Describe about accounting. Why is it called language of business? Accounting is known as -an art of recording, classifying and summarizing transactions and events in a si
Mohan brothers invoiced goods to their branch at cost plus 33.33%. All the cash collected by branch is banked on the same day to the credit of head office. All expenses are paid by
Treatment of Provision for Taxation and Proposed Dividend: As preparing the Funds Flow Analysis, the treatment of condition for Taxation and planned Dividend is very significa
Cargin Company uses the FIFO method in its process costing system. The Assembly Department started the month with 15,000 units in its beginning work in process inventory that wer
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TDS (tax deducted at sources) .The person whereas making payments of income,covered by the scheme are responsible to deducted TDS and deposite the similar in goverment treasury wi
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