Question: Entries for cash dividends The declaration, record, and payment dates in connection with a cash dividend of $84,000 on a corporation's common stock are October

Entries for cash dividends

The declaration, record, and payment dates in connection with a cash dividend of $84,000 on a corporation's common stock are October 1, November 7, and December 15.

Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.

Date Account Debit Credit
Oct. 1

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends

Cash Dividends Cash Dividends

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends Payable

Cash Dividends Payable Cash Dividends Payable
Nov. 7

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredNo Entry Required

No Entry Required No Entry Required

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredNo Entry Required

No Entry Required No Entry Required
Dec. 15

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends Payable

Cash Dividends Payable Cash Dividends Payable

Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash

Cash Cash

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