Question: Help Save & Seved Doug Corp declared a 0.70 per share common dividend. The company has 25,000 common shares authorized with 7000 shares issued and

 Help Save & Seved Doug Corp declared a 0.70 per share
common dividend. The company has 25,000 common shares authorized with 7000 shares

Help Save & Seved Doug Corp declared a 0.70 per share common dividend. The company has 25,000 common shares authorized with 7000 shares issued and outstanding. A possible journal entry to record the declaration is Multiple Choice Cash Dividends Common Dividend Payable Common Dividends Payable o oo Common Dividends Paya Cash Dividends e to watch 4,900 Common Dividends Payable Cash Dividends 4,900 o 4,900 Common Dividends Payable Cash 4.900 4,900 Retained Earnings Common Dividend Payable 4.900 Search

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