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1. Make the journal entries to record Greg'sTunes' declaration and payment of dividends during 2016. Dividends were declared on 1 November and paid on 1
1. | Make the journal entries to record Greg'sTunes' declaration and payment of dividends during 2016. Dividends were declared on 1 November and paid on 1 December. | |
2. | How much cash did the issuing of shares bring in during 2016? | |
3. | What amount did Greg'sTunes pay to purchase any of its own shares during the year? Journalise any such purchase . |
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