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-   -   Dividends accounting entries (https://www.askmehelpdesk.com/showthread.php?t=218201)

  • May 21, 2008, 03:42 AM
    pearlanns
    Dividends accounting entries
    Can anyone tell me the correct accounting entries for dividends paid within a privately owned ltd company and specifically how the 10% Tax is dealt with?:confused:
  • May 21, 2008, 09:05 PM
    delite
    Set up a liability to pay dividends out of current year earnings. When paymnt is made credit cash/ dr. dividend payable

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