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Question

How to record the retained earnings distribution via Dividends? What are the affected accounts? Thx

Forum|Forum|3 years ago
September 24, 2022
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QuickBooks Online

Here's a decent reference: https://www.investopedia.com/ask/answers/090415/do-dividends-go-balance-sheet.asp#:~:text=When%20a%20stock%20dividend%20is,increases%20the%20common%20stock%20account.