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    pankushkamra's Avatar
    pankushkamra Posts: 1, Reputation: 1
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    #1

    May 30, 2009, 05:20 AM
    Jounal entry for proposed dividend
    What is the journal entry for proposed dividend ?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    May 30, 2009, 02:08 PM

    Proposed dividend? Is that the same thing as a dividend declared? If so, it's a debit to either Dividends or Retained Earnings, and a credit to Dividend Payable.
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