At the same time, borrowing: profit distribution-dividend payable, lending: dividend payable. When actually paying dividends, the accounting treatment is:
Debit: dividend payable, and loan: bank deposit.
Shareholder dividend conditions
(1) The company made a profit in the current year;
(2) Deferred losses have been made up and carried forward;
(3) 65,438+00% of the statutory provident fund and 5%-65,438+00% of the statutory public welfare fund were withdrawn;
What about the company's dividend?
Dividends are dividends paid to investors by joint-stock companies every year according to a certain proportion of their share in profits, which is the return on investment of listed companies to shareholders. Dividend is a way to distribute the current year's income to shareholders after shareholders withdraw statutory provident fund, public welfare fund and other items according to regulations. Joint-stock companies can only distribute dividends when they make profits.
Accounting entries when the company pays dividends.
1, when paying dividends
Borrow: Profit Distribution-dividend payable
Loan: dividend payable
meanwhile
Debit: profit distribution-undistributed profit
Loan: Profit Distribution-dividend payable
2. When paying dividends, personal income tax shall be withheld and remitted.
Borrow: dividend payable.
Loan: Taxes payable-personal income tax
Credit: cash
Debit: profit distribution-undistributed profit
Credit: profit distribution-cash dividends payable
How to make accounting entries when enterprises distribute dividends to individuals?
1. Accrual time
Borrow: Profit Distribution-dividend payable
Loan: dividend payable
2. When carrying forward
Debit: profit distribution-undistributed profit
Loan: Profit Distribution-Profit Payable
3. When paying dividends
Borrow: profit payable
Loans: bank deposits
How to make accounting entries when the company pays dividends to shareholders?
Shareholders' dividends have the following entries according to different stages
1, the board of directors decided to determine the allocation amount.
Debit: Profit Distribution-Undistributed Profit
Loan: dividend payable
2. Dividends
Borrow: dividend payable.
Loan: bank deposit/cash on hand.
3. Withholding personal income tax
Borrow: dividend payable.
Loan: taxes payable-personal income tax payable
4. Pay personal income tax
Debit: tax payable
Loan: bank deposit/cash on hand.
Legal basis:
company law
Article 167
When the company distributes the after-tax profit of the current year, it shall withdraw 10% of the profit and include it in the company's statutory reserve fund. If the accumulated amount of the statutory common reserve fund of the company is more than 50% of the registered capital of the company, it may not be withdrawn.