Clarification/Follow-up by z298418 on 02/01/06 7:21 am:
an accounting ledger

Clarification/Follow-up by kkemper on 02/02/06 6:59 am:
who has determined that a dividend is
in arrears?

that makes no sense.

a DECLARATION of a dividend is a very
specific action and has a very specific
meaning.

"United Airlines, coming out of bankruptcy,
is permitted by its bankruptcy lawyers,
to pay a dividend to its top 100 officers".
[I think this occurred this week].

There are no arrears in dividend declarations
or payments.

SO, whoever gave you this assignment
has me confused.

LIKE winning a contest--a lottery.
THE state has the cash in escrow waiting for
the winner to step forward.

HOW can the issuance of cash be behind?
--or--do you mean
the INTENT To declare and thus
issue dividends?

"WE hope to have 'y' dollars in sales
and thus, 'x' dollars in net profit and
thus, 'a' dollars in dividends.

That is not in arrears--that is future.

debts owed by credit card companies that arrive late are in arrears.

YOUR query, therefore, makes no sense to me.

maybe you just want to learn how to
put in ledgers, the dissemination of
a dividend? that is something else
entirely.