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Blacktea Company earned net income of $82,000 during the year ended December 31, 2018. On December 15, Blacktea declared the annual cash dividend on its
Blacktea Company earned net income of $82,000 during the year ended December 31, 2018. On December 15, Blacktea declared the annual cash dividend on its 3% preferred stock (par value, $110,000) and a $0.50 per share cash dividend on its common stock (62,000 shares). Blacktea then paid the dividends on January 4, 2019 Read the requirements Dec. 15 i Requirements 1. Journalize for Blacktea the entry declaring the cash dividends on December 15, 2018. 2. Journalize for Blacktea the entry paying the cash dividends on January 4, 2019. Requireme entry table.) Declared a cash dividend, on January 4, 2019 Issued common stock for cash. Date Debit Print Done Issued preferred stock for cash. Payment of cash dividend. 2019 Record date of record. Jan. 4 Choose from any list or enter any number in the input fields and then continue to the next question. Blacktea Company earned net income of $82,000 during the year ended December 31, 2018. On December 15, Blacktea declared the annual cash dividend on its 3% preferred stock (par value, $110,000) and a $0.50 per share cash dividend on its common stock (62,000 shares). Blacktea then paid the dividends on January 4, 2019 Read the requirements Dec. 15 i Requirements 1. Journalize for Blacktea the entry declaring the cash dividends on December 15, 2018. 2. Journalize for Blacktea the entry paying the cash dividends on January 4, 2019. Requireme entry table.) Declared a cash dividend, on January 4, 2019 Issued common stock for cash. Date Debit Print Done Issued preferred stock for cash. Payment of cash dividend. 2019 Record date of record. Jan. 4 Choose from any list or enter any number in the input fields and then continue to the next
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