Question
Anchor Steam has the following transactions related to dividends. Make the appropriate journal entries. If no journal entry is required, write No Entry. December 1,
Anchor Steam has the following transactions related to dividends. Make the appropriate journal entries. If no journal entry is required, write No Entry.
December 1, 2019 Declared a cash dividend of $2.00 per share to all 200,000 shareholders.
December 15, 2019 Date of record for receiving the dividends declared on December 1st.
December 24, 2019 Paid the Dividends declared on December 1st in cash.
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Financial Accounting For OHADA Member States Volume 1
Authors: Michael Forzeh Fossung
1st Edition
3330328037, 978-3330328037
