Q for accounting pro or CPA.

is dividend distribution a equity account?

here is my setup, please comment.

LIABILITIES AND EQUITY

- Equity

-- Dividend distributions

--- jy101 distribution ----------  $-1000.00

-- Initial equity invested

--- jy101 investment  ------------ $100,000.00

所有跟帖： 

• 我会同时update Asset 和 equity accounts。 -sweetptt- ♂ (0 bytes) () 12/29/2012 postreply 09:05:51