GENERAL KNOWLEDGE

Detailed explanation-1: -A dividend is the distribution of a company’s earnings to its shareholders and is determined by the company’s board of directors. Dividends are often distributed quarterly and may be paid out as cash or in the form of reinvestment in additional stock.

Detailed explanation-2: -No, all shareholders are not are guaranteed to receive dividends. Dividends are usually paid to shareholders who hold the company’s stock before the record date. Shareholders who purchase shares after the record date do not generally typically get dividends.

Detailed explanation-3: -The amount allocated for the dividend, should appear on the Profit and Loss Report after the net profit value. As Accounting doesn’t show this, we suggest you post the dividend entries to a nominal ledger account in the Equity section of your Balance Sheet Report.