Question: Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $50,000 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 $50,000 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.

Oct. 1	Cash Dividends		fill in the blank
	Cash Dividends Payable		fill in the blank
Nov. 7	No Entry Required		fill in the blank
	No Entry Required		fill in the blank
Dec. 15	Cash Dividends Payable		fill in the blank
	Cash	fill in the blanks	fill in the blank

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