Question: The declaration, record, and payment dates in connection with a cash dividend of $659,000 on a corporations common stock are June 15, August 10, and
The declaration, record, and payment dates in connection with a cash dividend of $659,000 on a corporations common stock are June 15, August 10, and September 15. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.
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