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

The Spanish had weapons the Aztecs had never seen before (including steel swords and cannons), which made it hard for the Aztecs to defeat Cortés and his men.

in "summer" does this imply dread,enjoyment, respect or tolerance

Which of the following is a risk of obesity? A. Bone loss B. Sleep apnea C. Liver damage D. Addiction

Which continent is Italy in

The purpose of Mohandas Gandhi’s actions such as the Salt March and the textile boycott was to

A wall in Marcus's bedroom is 8 2/5 feet high and 18 1/5 feet long. If he paints 1/2 of the wall blue, how many square feet will be blue? I don't understand the

Root word meaning to make bigger

Which type of lines match these equations (2/3)x =(5/3)y 2x-5y=0

how many 800s go in 2,400

a male lion weighs about 400 pounds how many tons would 15 Lions weigh