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

    May 7, 2011, 05:36 PM
    Declared and paid dividends
    Where in the financial statement I will report declared and paid dividends?
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
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    #2

    May 7, 2011, 06:00 PM

    When declared:
    Dr Dividends (in equity section)
    Cr Dividends Payable

    When paid:
    Dr Dividends Payable
    Cr Cash

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