Lukegao1
创建页面，内容为“ Accounting for dividends paid involves several steps, which are as follows: 1. Determine the total amount of dividends paid during the period. 2. Debit the retained earnings account by the total amount of dividends paid. Retained earnings represent the accumulated earnings of the company that have not been distributed as dividends. 3. Credit the cash account by the total amount of dividends paid. This reflects the fact that cash has been disbursed from the…”