Financial Accounting Overview

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Mildred T

 

Date added:

March 20, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1167

 

Was viewed:

4121 times

 

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Essay content:

Thus, the amount of the dividens is not included in the computation of income. A lliability account, Dividens Payable, comes into existence, when the dividend is declared and is discharged when the dividend is paid. Journal: In an actual accounting system, transactions are initially recorded in the journal and is later transferred to the general ledger...
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Thus, the amount of the dividens is not included in the computation of income. A lliability account, Dividens Payable, comes into existence, when the dividend is declared and is discharged when the dividend is paid. Journal: In an actual accounting system, transactions are initially recorded in the journal and is later transferred to the general ledger...
displayed 300 characters

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