Ask Experts Questions for FREE Help !
Ask
    Elway's Avatar
    Elway Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 10, 2010, 08:05 AM
    How to calculate dividends declared
    How do you calculate dividends declaired by preparing a statement of retained earnings?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Jan 10, 2010, 06:11 PM

    You have to know the dividends declared before you prepare the statement, not use the statement to calculate it. It depends on what information the problem has given you and what you've had to do prior to this. I don't know what is in your problem. You're going to have to provide more info than that -- I don't even know if you've been doing entries and should have been keeping track of it, or it's providing some other information somewhere. No way for us to know that.

    Come to think of it, they could even provide that retained earnings statement with missing numbers, but I've never seen that in a problem before.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Declared dividends [ 3 Answers ]

A company delcared a dividend with an ex-dividend date of 7/22/09 and will pay the dividend to shareholders of record on the close of business on 7/24/09. Do you have to own the stock through 7/24/09 or can you sell it on the ex-dividend date?

Dividends declared [ 1 Answers ]

If a company has declared $1,125,000 in dividends how do you calculate the distribution? 100,000 shares of common stock outstanding 25,000 shares of prederred stock outstanding dividens on preferred $2.50 per share par value for common is $2.00 par value for preferred is $10.00 per share

Declared Dividends [ 1 Answers ]

Should declared dividends show on the Retained Earning statement

Declared dividends [ 1 Answers ]

If dividends are declared should they be shown on the trial balance?

Dividends declared [ 0 Answers ]

If a company lists a debit to dividends declared on their trial balance as an expense , how would this effect stockholders equity at period end? I do not think it would not be an adjusting entry to remove from expenses, but a reclassification entry but I am unsure of what entry to make:confused:

View more questions Search