The Board of Directors of Grantham Landscaping, LLC has declared a dividend of $2 per share. The total outstanding stock of Grantham Landscaping, LLC is 100 shares. Prepare the journal entry for this transaction. (Remember, the dividends have just been declared, not paid)

Answer rating: 100% (QA)

Deividend Declared Journal Entry Partuculaers Debit Credit Pro... View the full answer