On the dividend record date
A) a dividend becomes a current obligation.
B) no entry is required.
C) an entry may be required if it is a stock dividend.
D) dividends payable is debited.

Question

Quizplus · Accepted Answer

The Answer of On the dividend record date
A) a dividend becomes a current obligation.
B) no entry is required.
C) an entry may be required if it is a stock dividend.
D) dividends payable is debited.

On the Dividend Record Date