Question
Brief Exercise 15-12 Grouper Mining Company declared, on April 20, a dividend of $403,000payable on June 1. Of this amount, $136,000is a return of capital.
Grouper Mining Company declared, on April 20, a dividend of $403,000payable on June 1. Of this amount, $136,000is a return of capital.
Prepare the April 20 and June 1 entries for Grouper.
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
