Question
ABC Company has decided to declare a cash dividend of $2 per share on 150,000 shares of outstanding stock. The declaration date is March 15,
ABC Company has decided to declare a cash dividend of $2 per share on 150,000 shares of outstanding stock. The declaration date is March 15, the date of record is April 1, and the payment date is April 15. (10 points)
Instructions: Journalize the entries required on each date
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Core Concepts Of Accounting
Authors: Leslie K. Breitner, Robert N. Anthony
10th Edition
0136029442, 9780136029441
