Prepare the general journal entries necessary to record these transactions. 1- On June 10 declared a cash
Fantastic news! We've Found the answer you've been seeking!
Question:
Prepare the general journal entries necessary to record these transactions.
1- On June 10 declared a cash dividend of 0.80 cents a share on 500,000 shares payable on July 30 to all stockholders:
At date of declaration:
At date of distribution:
Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date: