Examlex
The ________ assumption states that transactions and events are expressed in money units.
Cash Dividends Payable
A liability account on a company’s balance sheet representing the amount of dividends declared by the board of directors but not yet paid out to shareholders.
General Journal Entry
A basic accounting record used to log all business transactions and events in the accounting system.
Cash Dividends
Payments made to shareholders out of a company's earnings, representing a share of the profits.
Originally Issued
Refers to securities or financial instruments that have been sold directly by the issuer to investors for the first time, not through secondary market transactions.
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