Question
Chevron Corporation declared a cash dividend of $3 per share on its 1 million outstanding shares of common stock. Prepare the journal entry to record
ยท Chevron Corporation declared a cash dividend of $3 per share on its 1 million outstanding shares of common stock. Prepare the journal entry to record the payment of the cash dividend by Chevron Corporation.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
