On which of the following are accounting entries made on both dates?

Question

Quizplus · Accepted Answer

Accounting entries for dividend payments are made on both the date of declaration (when the company announces the dividend) and the date of payment (when the dividend is actually paid to shareholders). Therefore, option C (Date of declaration and date of payment) is the correct choice. The date of record is the date by which a shareholder must be on the company's books to receive the dividend, and the ex-dividend date is the date when the stock begins trading without the dividend, so accounting entries are not made on those dates.

On Which of the Following Are Accounting Entries Made on Both