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grigory [225]
3 years ago
12

The baldwin company has just issued $7,235,640 in dividends last year. the effect of this payment on the balance sheet is

Business
1 answer:
nirvana33 [79]3 years ago
8 0
<span>The effect is a decrease of $7235,640 in the company's retained earnings and cash balance, resulting in a decrease in assets and equity. Before the dividend is actually paid out, the balance sheet will show a debit to its retained earning account of $7,235,640 and a credit to the dividends payable account of $7235,640. After the dividends are paid, the dividend payable account is credited and the dividends payable account is debited in the same amount, and these accounts are no longer shown on the balance sheet.</span>
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Freedom of ownership is part of what and what environment
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The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.

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3 years ago
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Option "D" is correct.

Explanation:

Option "D" is correct because When a person or member dissociates then the person loses the right to manage, losses the right to act, ceases from their duty of loyalty, ceases from the duty of care immediately if any event occurs after dissociation and the member has the right to find their interest. Therefore, from the given options it can be seen that the duty of care remains intact when only to that event that had occurred before the dissociation.

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3 years ago
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Rashid [163]

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The correct answer to the following question is option A) .

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3 years ago
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lisabon 2012 [21]

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I, II, and III are all correct and part of this model

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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