On declaration
Dr: Retained Earnings 6000
Cr: Dividend Payable 6000
On payment
Dr: Dividend Payable 6000
Cr: Cash/Bank 6000
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Type: Posts; User: Shaarif
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Mar 26, 2013, 05:40 AM
Question: Dividend journal entry
by Shaarif- Answers
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On declaration Dr: Retained Earnings 6000...
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