Question: On March 20 201X the board of directors of Baltic

On March 20, 201X, the board of directors of Baltic Corporation declared $9 cash dividend per share on the 13,000 shares issued and outstanding. The dividend will be paid on April 28, 201X, to stockholders of record on March 22, 201X. Record journal entries for date of declaration and date of payment.


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  • CreatedApril 24, 2014
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