Question

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.



$1.99
Sales1
Views82
Comments0
  • CreatedJuly 01, 2014
  • Files Included
Post your question
5000