On April 15 of this year, the board of directors for Jedi Company declared a cash dividnd

Question:

On April 15 of this year, the board of directors for Jedi Company declared a cash dividnd of 65 cents per share payable to stockholders of record on May 20. The dividends will be paid on June14. The company has 100,00 shares of stock outstanding. Prepare any necessry journal entries for each date.