How do you account for dividends paid?

How do you account for dividends paid? Example of Recording a Dividend Payment to Stockholders On the date that the board of directors declares the dividend, the stockholders’ equity account Retained Earnings is debited for the total amount of the dividend that will be paid and the current liability account Dividends Payable is credited for […]

What is the purpose of a flat roof?

What is the purpose of a flat roof? The purpose of a flat roof in residential construction was to save on construction costs. Flat roofing materials are cheaper than other roofing materials such as asphalt shingles, metal roofing, wood shakes, tile roofs, etc. Why do residential homes have sloped roofs? Why Do Commercial Buildings Have […]

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