People like you make this planet sunny any warm. Thanks for sharing your knowledge
@abujubaerjuwel36075 жыл бұрын
Thanks a Lot. These videos are helpful. I appreciate all your effort.
@MyFinancialFocus2 жыл бұрын
Nothing like investing in a business and watching that sweet passive income from dividends come in :)
@suyashmulbagal55284 жыл бұрын
In the last part, you made the journal entry (Dr. Retained Earnings & Cr. Dividends Payable), so shouldn't this mean that Assets stay the same, but Liabilities [increase] and Equity [decreases]? Unless the dividends are paid in cash, then Assets would decrease. Is my understanding correct?
@hugosmith67764 жыл бұрын
not completely sure, but there wasn't any liabilities in this example.
@richardmiller45604 жыл бұрын
Yes, he skipped that step and went straight to the distribution of the dividends. Since he introduced dividends payable in the equation you are correct than the last step would be decrease dividends payable and than cash.
@hershfam4 жыл бұрын
So a dividend is almost like profit sharing?
@DorianPaige007 жыл бұрын
I don't think the shareholders want a $10 bottle of wine. (LOL)
@azizkhushaim92136 жыл бұрын
clear explanation BUT I had to turn the volume all the way up and still hard to hear
@Edspira6 жыл бұрын
This is one of my older videos from 2013. I've gotten a better microphone, and new videos should be much better. Thanks for the comment!
@ShelbuluTV5 жыл бұрын
I could hear fine and I only had the volume 1/3 turned up. Could be the headphones or speakers used sometimes.