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CCS asked in 商業及金融稅金香港 · 1 decade ago

chart of account


An interim dividend was paid during the year

Dr. Dividend declared

Cr. Shareholder

請問Dividend declared在chart of account是邊個類型(Current liabilities, Equity..)

2 Answers

  • 1 decade ago
    Favorite Answer

    When an interim dividend is paid, the entries should be Dr. Dividend - Interim ( In Profit and Loss Appropriation Account or Equity Account in the ( Balance Sheet ) Statement of Financial Position and Cr. Bank. If not paid but declared, then Dr. Dividend - Interim Cr. Dividend Payable, a liability. It is an error to credit or debit shareholders direct for dividend.

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