Question: These are Journal entry problems not sure how it should be done an explanation with a solution will greatly help. On March 15, Summit Hawk

These are Journal entry problems not sure how it should be done an explanation with a solution will greatly help.

These are Journal entry problems not sure how it should be done

an explanation with a solution will greatly help. On March 15, Summit

Hawk declares a quarterly cash dividend of $0.050 per share payable on

On March 15, Summit Hawk declares a quarterly cash dividend of $0.050 per share payable on April 13 to all stockholders of record on March 30. Required: Record Summit Hawk's declaration and payment of cash dividends for its 225 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 million should be entered as 5,500,000).) View transaction list Journal entry worksheet Record the entry on the date of record. Note: Enter debits before credits. Date General Journal Debit Credit March 30 Required: Record Summit Hawk's declaration and payment of cash dividends for its 225 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 million should be entered as 5,500,000).) View transaction list Journal entry worksheet Record the payment of cash dividends. Note: Enter debits before credits. Date General Journal Debit Credit April 13

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