ACC 305 Intermediate Accounting III

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

How will you treat divendd under the equtiy method?

Apr 12th, 2015

Corporations distribute dividends from the equity account called retained earnings, which records the accumulated profits of the company. Dividends are not tax deductible to the payer; they represent the conversion of corporation equity to investor income. This conversion reduces the total equity of the corporation, which reduces the value of each share of common stock.

Apr 12th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Apr 12th, 2015
...
Apr 12th, 2015
Jun 26th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer