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9 mar 2010 · The Ex-Date, also called the Ex-Dividend Date, is the first day when buying a stock DOES NOT entitle the buyer to the dividends. Think of it as the first day you are “EX-cluded” from receiving dividends. Prior to this date, the stock trades cum-dividend or “with dividend.”
The learners demonstrate an understanding of account titles under the assets, liabilities, and capital accounts of the Statement of Financial Position (SFP), namely: cash, receivables, inventories, prepaid expenses, property, plant and equipment, payables, accrued expenses, unearned income, longterm liabilities and capital that will equip ...
11 maj 2022 · The Important Equation To Remember in Accounting. The Natural Side of Accounts. How Accounts Increase or Decrease. What About Income and Expenses? The Financial Statements. Balance Sheet. Income Statement. Cash Flow Statement. The Accounting Cycle. 1. Recording Business Transactions in the Journals. 2. Posting to the General Ledger. 3.
What is the Accounting Equation? In a given time, the total assets should be equal to the sum of the liabilities and the equity of the owner. The equation that represents this basic framework is called the Accounting Equation.
Ex-Date: The date on which a stock starts trading without the benefit of corporate action, i.e., ex-benefit, is known as the ex-date. The ex-date and the record date for all the corporate actions are on the same day since all the instruments are moved to the T+1 settlement cycle.
1 lut 2021 · This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2021-02 dated January 7, 2021 on the revised guidelines on the declaration and/or distribution of dividends of all IC-regulated entities.
Journal entries use debits and credits to record the changes of the accounting equation in the general journal. Traditional journal entry format dictates that debited accounts are listed before credited accounts. Each journal entry is also accompanied by the transaction date, title, and description of the event.
