Accounting Discussion Questions

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

I don't think you'll find a Dividend Payable Liability on Coca Cola's most recent Annual Repor (2013), but check. Why would this current liability exist? What does it report? How will this type of liability be fulfilled/ satisifed?

Feb 19th, 2015

Dividend payment is a current liability because it has to be paid within 40 days of its declaration and the payment is made in cash bu crediting shareholders account. Dividend declaration reassures investors that the company is a profit making company and it want to share its profit with its shareholders. The liability for paying dividend is satisfied by making dividend payment to shareholders.

Feb 19th, 2015

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Feb 19th, 2015
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