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    pjh_789 Posts: 1, Reputation: 1
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    Nov 1, 2006, 04:48 PM
    Dividends declared
    If a company lists a debit to dividends declared on their trial balance as an expense , how would this effect stockholders equity at period end? I do not think it would not be an adjusting entry to remove from expenses, but a reclassification entry but I am unsure of what entry to make:confused:

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