Divana
Region: US
Thursday 17 September 2026 16:09:20 GMT
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yosimi<3 :
DEAD COLR: Debit - expenses, assets, dividends Credit- owners equity, liabilities, revenue #lovedmyprof
2026-09-17 23:24:52
404
notjonnytsu :
Whenever cash is ever paid it’s always a credit. From there the debit is easy to identify
2026-09-23 13:51:39
2
Emily🎀🐚 :
Just remember DEALOR! since the D stands for dividends that means it’s normal account is a debit which means that when you debit a dividend it increases and when u credit it, it decreases
2026-09-17 20:16:23
1345
🎱 :
me waiting for someone to answer the question in the comments
2026-09-17 20:03:24
3410
mirandeerrr :
Credit cash debit dividend
2026-09-17 22:37:29
717
Nimiah :
To recognize the announced dividend Dr RE Cr. Dividend payable to recognize the PAID dividend Dr. Dividend Payable Cr. Cash
2026-09-23 09:18:45
0
Hi-Ho 👋 :
on whose books tho,, am i paying out the cash dividend or am i the one receiving it
2026-09-23 16:51:36
0
Naakie💖 :
Dividend received or paid ??😭
2026-09-23 12:16:58
1
𝒮𝒾𝓃𝑒𝓂𝒾𝓃𝒸𝒾𝓁𝒾 :
Dr Dividend ( SOCE) Cr Bank/Cash (Sofp)
2026-09-23 08:41:01
2
<3 :
it was worse when everyone else seemed to get it and I’m like uhhhh
2026-09-17 18:24:02
1432
sophie🎀 :
my situation today😂😂😂
2026-09-23 17:14:39
0
Colby :
are you receiving the cash dividend or paying it out?
2026-09-17 23:43:50
136
Taylor :
As an accountant, this still happens to me😍 sometimes you need to just know the other side of it!! When a dividend is declared you created a liability (a credit!) which means the change to retained earnings HAS to be a debit!! When the dividend is paid, cash decreased (credit) and your liability went away (debit!!) remember dividends are a two step process, you got this gf!!!!
2026-09-18 01:50:10
162
Mortan :
I thought dividends were 2 entries. 1 when declared which looks like this. dr: retained earnings cr: dividends declared then another when paid which looks like this. dr: dividends declared cr: cash Did I miss something?
2026-09-18 05:34:32
32
shitposter101 :
in ACC II rn and i’m fucking losing my mind idk how i got past ACC I
2026-09-17 18:41:48
148
user309261934919 :
Doesn’t it do both 😭 depending on who is sending / receiving
2026-09-18 04:57:00
5
Eli :
Keep the accounting equation and normal debit/credit balances in mind. Assets (debit) = Liabilities (credit) + OE (credit). Cash dividends result in either assets going down (dividend is paid) or liabilities going up (dividend declared but not yet paid). To keep the equation balanced, OE is debited to decrease equity
2026-09-17 21:26:52
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zoe fields :
I barely made it outta accounting 1😭
2026-09-17 18:28:22
45
bbvvffgg__ :
Debit Retained Earnings and Credit Dividends payable when it’s declared then debit the Dividends payable and credit cash when you payout the dividend
2026-09-19 14:44:46
7
Kait :
Debited. All assets go up on the debit and dividends also go up on the debit ❕
2026-09-17 20:43:35
18
lava :
DEALER- debits increase Dividends Expenses Assets. credits increase Liability Equity Revenue
2026-09-18 01:43:30
6
lito :
Bro I remember you got put into intermediate 2 off rip with us and you weren’t even an accounting major 😭
2026-09-17 16:15:56
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Mandela Abutwalib :
Buana it depends with the context 😂. Where the money is going
2026-09-23 11:31:36
3
Nico 🇨🇦 :
If you’re paying a cash dividend think of it like you’re moving the imaginary money out of the “retained earnings” account. Since the R/E account is a special boy where a credit balance is good and a debit balance is bad, when you’re moving cash out, that’s bad and thus the action of moving money out of it is a debit!
2026-09-22 17:51:05
4
caélee💐 :
depends if it's div receivable or payable
2026-09-23 06:40:14
1
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