Cheyenne Corp has 7500 shares of Commonstock outstanding it declares a $4 per share cash dividend on November 1 to stakeholders of record on December 1 the dividend is paid on December 31 prepare a tabular summary to record the declaration and payment of cash dividends include margin explanation for the changes in revenue and expenses.

Cheyenne Corp. has 7,500 shares of common stock outstanding. It declares a $4 per share cash dividend on November 1 to stockholders of record on December 1 . The dividend is pald on December 31 . Prepare a tabular summary to record the declaration and payment of the cash dividend. Include margin explanations for the changes in revenues and expenses, (If a transaction couses a decrease in Assets, Liobilities or Stockholders' Equity place a negotive eign (or parentheses) in front of the amount entered for the particulor Asset, Liability or Equily litem that was reduced) Cheyenne Corp. has 7,500 shares of common stock outstanding. It declares a $4 per share cash dividend on November 1 to stockholders of record on December 1 . The dividend is paid on December 31 . Prepare a tabular summary to record the declaration and payment of the cash dividend. Include margin explanations for the changes in revenues and expenses. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)