The liability for one dividends is recorded on the date of declaration, so option B is correct.
A liability is a company's future debt to customers, suppliers, or other firms. This implies that the business won't be able to turn a profit in the future. Different from equity, a liability is a mechanism for a firm to obtain funding.
The legal debts that a company has to other creditors are known as liabilities. Just a few samples include current liabilities, accrued liabilities, and bank debt. For every firm, liabilities are a fundamental part of functioning and growth. Liabilities and equity must be properly balanced for a company to have a solid foundation.
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