Question: it says i have the second chart wrong but i dont know why or how Divine Apparel has 4,000 shares of common stock outstanding. On



Divine Apparel has 4,000 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31 Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the declaration of cash dividends. Note: Enter debits before credits Debit Credit Date General Journal October 01 Dividends Dividends Payable 3,000 3.000 Record entry Clear entry View general journal Divine Apparel has 4,000 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry on date of record. Note: Enter debits before credits Credit Date General Journal October 15 Dividends Payable Cash Debit 3,000 3,000 Record entry Clear entry View general journal Divine Apparel has 4,000 shares of common stock outstanding on October 1, the company declares a $0,75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31, Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record the entry on date of record. Note: Enter debits before credits Credit Date General Journal October 15 Dividends Payable Cash Debit 3,000 3,000 Record entry Clear entry View general Journal Equity.Co Ch 10: S/H Equity Help See & EX Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 7 ne Apparel has 4,000 shares of common stock outstanding on October 1, the company decaress 15 per share dividend to stockholders of record on October 15. The dividend is paid on October 31 ord all transactions on the appropriate dates for cash didends. Of no entry is required for scular transaction/event, select "No Journal Entry Required in th first account field:) 8 points Answer is complete but not entirely correct lo Date October 01 General Journal Credit Dividends Dividends Payable 3.000 3.000 October 15 Dividends Payable Cash 00 3.000 3.000 October 31 Dividends Payable Cash 3.000 00 2.000 Mc Graw Hall
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