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  1. Comment on MukatA's post

    C-corp in the US.
  2. Which is more beneficial to the corporation tax wise?

    1. To give bonus?
    2. Declare dividends? Or
    3. Redeemed stockholders' shares of stock?
  3. Answers
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    83,833

    Debit Retained Earnings XX Credit Dividend...

    Debit Retained Earnings XX
    Credit Dividend Payable XX

    Declaration of Dividends.

    Debit Dividend Payable XX
    Credit Cash or Checking Acct XX

    Payment of Dividend to Stockholders.
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