gimme something to base it off of and i can get ya one
Every corporation needs to recor a dividen-related liability on the declaration date. Have in mind that t<span>he </span>declaration date<span> is the </span>date<span> on which the next dividend payment is announced by the directors of a company.</span> In that date all the limited liability corporations do those records. A target corporation is not a limited liability corporation.
Answer:
first one is T the second is F
The choices are:
A. an exchange of assets
B. the purchase of an asset on credit
C. an investment by the owner
D. a withdrawal by the owner
The purchase of an asset on credit will be recorded in the
owner's equity column as an increase.
To
add, the owner's equity<span> represents the owner's investment in
the business minus the owner's draws or
withdrawals from the business plus the net income (or minus the net loss) since
the business began.</span>