Business: accounting for dividends

Graham Leggett minfrin at sharp.fm
Wed Oct 8 16:23:15 EDT 2008


Maf. King wrote:

> Isn't a didvidend payment recorded as a (post-tax) expense?
> On the grounds that it is money being taken out of the business.

I just tried to move the dividend account to an expense account to see 
what would happen, and the retained earnings account is still way off.

Does anyone have a description of exactly how retained earnings is 
calculated?

Regards,
Graham
--
-------------- next part --------------
A non-text attachment was scrubbed...
Name: smime.p7s
Type: application/x-pkcs7-signature
Size: 3287 bytes
Desc: S/MIME Cryptographic Signature
Url : http://lists.gnucash.org/pipermail/gnucash-user/attachments/20081008/975a9c1c/attachment.bin 


More information about the gnucash-user mailing list