If its stated that " $40,000 stock dividend was declared and issued during the year", does it mean the company already paid the dividend?
Statement of cash flow is too complicated :confused:
If its stated that " $40,000 stock dividend was declared and issued during the year", does it mean the company already paid the dividend?
Statement of cash flow is too complicated :confused:
Never mind I was thinking about cash dividend. :D
Not necessary.we cannot say exactly whether it has been paid or not. This may be a case of outstanding dividend to be paid in the next reporting period.
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