Boh Company has 25,000 shares of $1 par common stock outstanding at November 27, 2022. On...
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Boh Company has 25,000 shares of $1 par common stock outstanding at November 27, 2022. On November 27, 2022, the board of directors of Boh Company declared a $0.60 per share dividend. The dividend is payable to shareholders of record on December 7, 2022 and would be paid on December 24, 2022. Required: Prepare the journal entries. Boh Company has 25,000 shares of $1 par common stock outstanding at November 27, 2022. On November 27, 2022, the board of directors of Boh Company declared a $0.60 per share dividend. The dividend is payable to shareholders of record on December 7, 2022 and would be paid on December 24, 2022. Required: Prepare the journal entries.
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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