Internazionale declares a $200,000 dividend on January 18, to be paid on February 12, to all stockholders
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Question:
Internazionale declares a $200,000 dividend on January 18, to be paid on February 12, to all stockholders of record on January 31.Of this dividend, $50,000 is a return of capital.
Prepare all necessary journal entries on January18, January 31 and February 12.
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15th edition
Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt
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