Question: On April 15 2014 the board of directors for Auction com

On April 15, 2014, the board of directors for Auction.com declared a cash dividend of 65 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14. The company has 100,000 shares of stock outstanding. Prepare any necessary journal entries for each date.


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  • CreatedJuly 01, 2014
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