The amount of cash dividends declared during the period and the amount of cash dividends paid during the period are reflected in the:

Question

Quizplus · Accepted Answer

The amount of cash dividends declared during a period is reflected in the statement of shareholders' equity because it affects the equity portion of the balance sheet. The amount of cash dividends paid is reflected in the cash flow statement under financing activities, as it represents an outflow of cash to shareholders.

The Amount of Cash Dividends declared During the Period and the Amount