Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit
If dividend income received: Debit Cash / bank Credit Dividend income If dividend income receivable: Debit Dividend income receivable Credit Dividend income
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.
The dividend is 97.The dividend is 97.The dividend is 97.The dividend is 97.
If dividend received is reinvested then there is no journal entry is required and this information can be mentioned through the use of memo entry.There is no journal entry required for dividend received reinvested as nothing is received by person or company so memo entry is enough for information purpose.
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
THe answer is dividend. THe answer is dividend.
the formula of calculating account receivable turnover = Net Sales/ average gross receivable
Accounts Receivable
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what is average account receivable
Account receivable is an asset