At 1 July, TriTop Ltd had 1500 shares issued. An interim cash dividend of $0.25 per share
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At 1 July, TriTop Ltd had 1500 shares issued. An interim cash dividend of $0.25 per share was declared on 31 December and paid on 31 January. The shareholders agreed to a 3-for-1 share split, which occurred on 31 May. After the share split, a final cash dividend of $0.10 per share was declared on 30 June. Prepare journal entries to record the interim and final dividends declared and/or paid by TriTop Ltd.
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The journal entries to record the interim and final dividends declared and paid by TriTop Ltd would ...View the full answer
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