Question

The three dates related to a cash dividend include all of the following: 

• Dote of declaration

• Date of payment

• Dote of insurance

• Date of record:

• Date of payable

Answer 1

Answer-------

Date of Declaration

Date of Payment

Date of Record.

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Date of payment is the date on which dividend declared is actually paid to stockholders. Date of Dividend declared is when dividend liability is recorded in books of account. Record date is the date which states who of the stockholders will receive dividend on payment date. Generally stockholders present on record date are paid dividend on payment date.

No journal entry is made on record date.