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A corporate board of directors dedared 10% rock dividend for common shares on May 1 The dividend will be issued on May 25 to nestors

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A corporate board of directors dedared 10% rock dividend for common shares on May 1 The dividend will be issued on May 25 to nestors who own the share on May 15 The journal entry on May 25 it one is necessary, voll include Select one o destro Sio Dividends Dalibutable and credit to Cash debit to Dividends Payable and credit to Cai Nojournal entry is required a debito Stock Dividends Distriotice and credito Commons Edebito Retained Eam nos and credit to Cath tdcbit to ends Declared and credit to Stockbildende Distributable

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