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BE10.4 Journalise cash dividends. LO5 Spinning Ltd had 15 000 shares issued. On 30 June 2019, a cash dividend of $0.15 per share was declared.
BE10.4 Journalise cash dividends. LO5 Spinning Ltd had 15 000 shares issued. On 30 June 2019, a cash dividend of $0.15 per share was declared. The dividend was paid on 31 July 2019. Prepare journal entries to record the declaration and payment of the dividend. (Page 660)
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Financial And Managerial Accounting
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
4th Edition
1119752620, 978-1119752622
