Question: calculations only, dates and description names are correct. thanks! Question 3 On January 1, Chevon Enterprises SA had 93,100 no-par ordinary shares issued and outstanding.

calculations only, dates and description names are correct. thanks!

Question 3 On January 1, Chevon Enterprises SA had 93,100 no-par ordinary shares issued and outstanding. The shares have a stated value of 5 per share. During the year, the following occurred. Apr. 1 June 15 July 10 Dec. 1 15 Issued 27,200 additional ordinary shares for 18 per share. Declared a cash dividend of 1.17 per share to shareholders of record on June 30. Paid the 1.17 cash dividend. Issued 1,700 additional ordinary shares for 18 per share. Declared a cash dividend on outstanding shares of 2.98 per share to shareholders of record on December 31. Prepare the entries, if any, on each of the three dividend dates. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 15 v Cash Dividends Dividends Payable July 10 v Dividends Payable Cash Dec. 15 v Cash Dividends Dividends Payable

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