The liability for a dividend is recorded on which of the following dates?

Name: The liability for a dividend is recorded on which of the following dates?
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The liability for a dividend is recorded on the date of declaration, which is the date that the board of directors announces the dividend and sets the amount to be paid. The other dates listed (date of record, date of payment, date of announcement) are important in the dividend process, but do not involve the recording of the liability.

The Liability for a Dividend Is Recorded on Which of the Following