Question: On October 1, 2014, Daster Corporation declared a $50,000 cash dividend to be paid on December 15 to shareholders of record on November 1. Required

On October 1, 2014, Daster declared a $50,000 cash to be paid on December 15 to shareholders of record on November 1.

Required
Record the events occurring on October 1 and December 15 in a horizontal statements model like the following one. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity(FA)

Date Assets = Liab. + Com. Stock + Ret. Earn. Rev.-Exp. = Net Inc. Cash Flow

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