Declaration of Cash Dividend} Wilson Corporation declared a cash dividend of ($ 80,000) on December 31,2018 .

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Declaration of Cash Dividend}

Wilson Corporation declared a cash dividend of $\$ 80,000$ on December 31,2018 .

\section*{Required:}

What is the appropriate journal entry to record this declaration?

\section*{Cornerstone Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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Question Posted: Jun 10, 2024 01:10 AM

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Declaration of Cash Dividend} Wilson Corporation declared a cash dividend of ($ 80,000) on December 31,2018 .

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Cornerstones Of Financial Accounting

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