Question: Brief Exercise 15-13 On April 20, Sheffield Mining Corp. declared a dividend $442,400 that is payable on June 1. of this amount, $151,300 is a

Brief Exercise 15-13 On April 20, Sheffield Mining Corp. declared a

Brief Exercise 15-13 On April 20, Sheffield Mining Corp. declared a dividend $442,400 that is payable on June 1. of this amount, $151,300 is a return of capital. Sheffield had no contributed surplus on April 20. Prepare the April 20 and June 1 journal entries for Sheffield. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and entero for the amounts.) Date Account Titles and Explanation Debit Credit Apr. 20 June 1

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