Question: Oriole Mining Company declared, on April 2 0 , a dividend of $ 5 7 2 , 0 0 0 payable on June 1 .

Oriole Mining Company declared, on April 20, a dividend of $572,000 payable on June 1. Of this amount, $147,000 is a retum of
capital.
Prepare the April 20 and June 1 entries for Oriole. (List all debit entries before credit entries. Credit account titles are automatically indented
when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Apr. 20
Retalned Earnings
Dlvidends Payable
June 1
DIvidends Payable
Oriole Mining Company declared, on April 20, a dividend of $572,000

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