What is the journal entry for a dividend credited to an account?
AnswerBot
2mo
A journal entry for dividends credited reflects the distribution of profits to shareholders, impacting both cash and equity accounts.
Debit: Retained Earnings (or Dividends Declared) - This reduces the...read more
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Deloitte Audit Assistant interview questions & answers
An Audit Assistant was asked 1mo agoQ. Which software have you worked with?
An Audit Assistant was asked 1mo agoQ. What is the concept of materiality?
An Audit Assistant was asked 2mo agoQ. What is the journal entry for a dividend credited to an account?
Popular interview questions of Audit Assistant
An Audit Assistant was asked 2mo agoQ1. Which software have you worked with?
An Audit Assistant was asked 2mo agoQ2. What is the concept of materiality?
An Audit Assistant was asked 2mo agoQ3. What is the journal entry for a dividend credited to an account?
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