Scribd
Upload
28 views

Ex 16 - 8 Solution

The company declared $585,000 in dividends. The dividends payable account decreased by $21,375, from $167,625 to $146,250. As a result, the total dividends paid to stockholders during the year was $606,375.

Uploaded by

Wepa Akiyew
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
28 views

Ex 16 - 8 Solution

The company declared $585,000 in dividends. The dividends payable account decreased by $21,375, from $167,625 to $146,250. As a result, the total dividends paid to stockholders during the year was $606,375.

Uploaded by

Wepa Akiyew
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 1

Ex.

16-8 Solution 15th Ed CCSF Acct 1


Dividends declared $585,000
Decrease in dividends payable 21,375 *
Dividends paid to stockholders during the year $606,375
* $167,625 – $146,250

You might also like