If dividends are declared in a fiscal year but a portion is to be paid in the next fiscal year what amount is record for the currect fiscal year Retained Earnings Statement?

1 answer

Answer

1049193

2026-03-15 08:35

+ Follow

Dividends declared will not be recorded until they are actually paid. You should record the portion paid this year in your retained earnings and the portion that is paid in the next fiscal year in the subsequent year.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.