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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Dividend paid- June 2011 Q2
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
Credit Cash when it was PAID?
