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Higher Accounts Help

I was wondering if anyone could help me with an accounts question. I'm preparing a cash budget and am unsure if this should go into receipts or payments:

Walkabout Ltd recieves an annual dividend of £800 payable quarterly, the first payement being made in March.

Any help with that bit would be much appreciated :smile:
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Original post by escapingthefate
I was wondering if anyone could help me with an accounts question. I'm preparing a cash budget and am unsure if this should go into receipts or payments:

Walkabout Ltd recieves an annual dividend of £800 payable quarterly, the first payement being made in March.

Any help with that bit would be much appreciated :smile:


Because Walkabout Ltd is receiving the dividend, it will go in the receipts section of the cash budget as money is coming in.

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