Shared Flashcard Set

Details

Dividend Journal Entries
Cash & Stock Dividend Journal Entries
9
Accounting
Undergraduate 3
12/15/2012

Additional Accounting Flashcards

 


 

Cards

Term

Cash Dividends

 

Date of Declaration

Definition

Dr. Retained Earnings

    Cr. Dividend Payable - C.S.

    Cr. Dividend Payable - P.S.

 

Term

Cash Dividends

 

Date of Record

Definition
NO Entry
Term

Cash Dividends


Date of Payment/Distribution

 

Definition

Dr. Dividends Payable - C.S.

Dr. Dividends Payable - P.S.

    Cr. Cash

Term

Stock Dividends

 

Date of Declaration

 

Small

Distribution <25% Outstanding

Definition

Dr. Retained Earnings (FMV)

    Cr. C.S.D.D. (Par)

    Cr. PIC - Par C.S.

 

Term

Stock Dividends

 

Date of Record

 

Small

Distribution <25% Outstanding

Definition
NO Entry
Term

Stock Dividends

 

Date of Payment/Distribution

 

Small

Distribution <25% Outstanding

Definition

Dr. C.S.D.D. (Par)

    Cr. Common Stock

Term

Stock Dividends

 

Date of Declaration

 

Large

Distribution >25% Outstanding

Definition

Dr. Retained Earnings (Par)

    Cr. C.S.D.D. (Par)

 

Term

Stock Dividends

 

Date of Record

 

Large

Distribution >25% Outstanding

Definition
NO Entry
Term

Stock Dividends

 

Date of Payment/Distribution

 

Large

Distribution >25% Outstanding

Definition

Dr. C.S.D.D. (Par)

    Cr. Common Stock

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