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EX 12-9 Entries for cash dividends Obj. 3 The declaration, record, and payment dates in connection with a cash dividend of $1,525,000 on a corporation's common stock are July 9. August 31, and October 1. Journalize the entries required on each date. GIVEN: Dividends declared Date of declaration Date of record Date of dividend payment 07/09 08/31 10/01 0 07/09 DR -0 CR BOD declared dividends on October 1st. 08/31 No Entry. This event simply establishes who gets the check when dividends are paid EX 12-9 Entries for cash dividends Obj. 3 The declaration, record, and payment dates in connection with a cash dividend of $1,525,000 on a corporation's common stock are July 9. August 31, and October 1. Journalize the entries required on each date. GIVEN: Dividends declared Date of declaration Date of record Date of dividend payment 07/09 08/31 10/01 0 07/09 DR -0 CR BOD declared dividends on October 1st. 08/31 No Entry. This event simply establishes who gets the check when dividends are paid