Question: The declaration, record, and payment dates in connection with a cash dividend of $115,900 on a corporations common stock are January 12, March 13, and
The declaration, record, and payment dates in connection with a cash dividend of $115,900 on a corporations common stock are January 12, March 13, and April 12.
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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