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question content area the liability for a dividend is recorded on the a.last day of the fiscal year b.date of declaration c.date of record d.date of payment

Sagot :

The liability for one dividends is recorded on the date of declaration, so option B is correct.

How do you define liabilities?

A liability is a company's future debt to customers, suppliers, or other firms. This implies that the business won't be able to turn a profit in the future. Different from equity, a liability is a mechanism for a firm to obtain funding.

What do business liabilities entail?

The legal debts that a company has to other creditors are known as liabilities. Just a few samples include current liabilities, accrued liabilities, and bank debt. For every firm, liabilities are a fundamental part of functioning and growth. Liabilities and equity must be properly balanced for a company to have a solid foundation.

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