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Dividend paid- June 2011 Q2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Dividend paid- June 2011 Q2

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • May 4, 2015 at 3:40 pm #244010
    agriphine
    Member
    • Topics: 5
    • Replies: 5
    • ☆

    Dear Sir,

    Q2- (I)

    when we paid dividend of 5600 and recorded as debit of R.E (socie), but I cannot find the double entry of this transaction. I believe each transaction must have a double entry? I have been looking under current liability but couldn’t find anything

    Please can you clarify?

    thanks

    May 4, 2015 at 9:15 pm #244066
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    Credit Cash when it was PAID?

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