In preparing my income statement I was given this piece of additional information: During 2008, the person recorded dividend payment of $260 000 to a major shareholder for consulting work. A dividend was also declared on Dec 31, 2008 in the amount of $120000. How will I incorporate this...

A one man company makes a profit of £9000 after tax and declares a dividend of £10000, giving rise to a payment of £9000 after a tax credit of £1000. How is this treated in the company accounts? Are the reserves simply £9000 less £9000? Or does the tax credit somehow have an impact on the company's...

I owe 600 shares common stock , I currently received cash dividend of .42 per share a year. A 5% stock dividend, was declared, how many shares of coomon stock would I receive as a dividend?

I have one case for our members to fix out in term of the dividend We have two respective companies (Com A and Com B) Com A declared and paid dividend to Com B, minority shareholder, with the amount of $60,000 in cash. The Com B paid 85% of the dividend income to its shareholders. Note:...