Martinemaberry6545 Martinemaberry6545

02-07-2021
Business

contestada

On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identify what would be include

Respuesta :

05-07-2021

Answer:

Debit : Dividend $1,000

Credit : Cash $1,000

Explanation:

The Journal entry to record dividend payment include a Debit to Dividend Account and a Credit to Cash Account to depict the outflow of cash.

Answer Link

Otras preguntas

Which statement explains what happened to the agriculture economy in russia under communism

Who was the american banker who was aggressive in promoting growth?

what is the range for 31,39,29,34,37,24,36,33,34,28

which of the following is true regarding the great missionarybperiod 1610-1680

In order to determine the distance between two cities on a map, which map feature would a student have to use?

What is the difference between self-pollination and cross-pollination? Question 2 options: Self-pollination leads to the creation of a fruit. Cross-pollination

What causes spoilage of food through infestation and contamination, and reduces its nutritional value? A. bacteria B. enzymes C. insects D. mold E. yeast

Plz help number 28 as soon as possible

An Advertising firm has an old computer that can prepare a whole mailing in 6 hours. With the help of newer model the job is complete in 2 hours. How long would

What made this representation of the Virgin Mary revolutionary