Examlex
Given Table 12-5 below,fill in the values for saving.Assume there are no taxes.
Table 12-5
Common Stock Dividend Distributable
A liability on the balance sheet representing the amount of dividends declared by a company but not yet paid to shareholders.
Paid-In Capital
Section of stockholders’ equity representing what stockholders have invested into the corporation.
Retained Earnings
Retained earnings represent the cumulative amount of net income retained in the company rather than distributed to shareholders as dividends.
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