Three Important date for cash dividend will be :-
Record Date
Payment Date
Decleration Date
Explanation
Record date is data to fixed cut off date for Common Stockholder who will eligible for dividend.
Payment date is date when dividend will be paid in cash to eligible Common Stock holder
Decleration date is date when dividend was declared
Question 1 (3 points) What are the three important dates for cash dividends? Select all that...
There are three very important dates related to cash dividends: the dividend declaration date by the corporations board of directors, the date of record, and the payment date. A. true B. false
The three dates related to a cash dividend include all of the following: Dote of declarationDate of paymentDote of insuranceDate of record:Date of payable
Cash dividends involve three events. On the date of declaration, the directors bind the company to pay the dividend. A dividend declaration reduces retained earnings and creates a current liability. On the date of record recipients of the dividend are identified. On the date of payment, cash is paid to stockholders and the current liability is removed. Neither a stock dividend nor a stock split alters company value. However, the value of each share is less due to the distribution...
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $49,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb. 1 Cash Dividends Cash Dividends Payable Mar. 18 May. 1
Describe what happens on each of the three following important dividend dates in words and illustrating any necessary journal entry. Date of declaration Date of record Date of payment
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $32,000 on a corporation's common stock are February 1, March 18, and May 1 Joumalize the entries required on each date. If no entry is required, select " Entry Required and leave the amount boxes blank Feb. 1 Mar. 18
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $99,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb. 1 Mar. 18 May. 1
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $55,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb. 1 Mar. 18 May. 1
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb, 1 Mar 18 May 1
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $69,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb. 1 Mar. 18 May. 1