Maf, > Forget that bit. must have still been waking up. it is 2 separate txns on 3 > accounts
Yes, 2 records on 3 accounts. and Dividend Declarations register will always be minus as stated in my prev email. This is because Dividend Declarations only take money out of the business. There is no money coming in. That minus doesn't affect anything. And when the balance is generated this debit is balanced. - Regards, Justin Mathew mjus...@protonmail.com Sent with ProtonMail Secure Email. ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐ On Wednesday, April 17, 2019 1:46 PM, Maf. King <m...@chilwell.net> wrote: > On Wednesday, 17 April 2019 08:51:00 BST Maf. King wrote: > > > Said text goes on to explain that the act of declaring a dividend to be > > payable creates a liability account on the company. When dividends are > > paid, that liability account is cleared from equity:retained Earnings > > (presumably company bank balance also reduces, but I haven't thought at > > length about what the 4th balancing account would be in a GC txn). > > Forget that bit. must have still been waking up. it is 2 separate txns on 3 > accounts > > Maf. > > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- > > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
