Question
D Question 3 0.1 pts Nutritious Pet Food Company's board of directors declares a cash dividend of $1.00 per common share on November 12. On
D Question 3 0.1 pts Nutritious Pet Food Company's board of directors declares a cash dividend of $1.00 per common share on November 12. On this date, the company has issued 12,000 shares but 2,000 shares are held as treasury shares. Complete the journal entry to record the declaration of this dividend on November 12. Nov 12 [Select] [Select] To record declaration of cash dividends. $10,000 $10,000 The company pays the dividend on December 14. Complete the journal entry to record the payment of the dividend on December 14. Dec 14 [Select] [Select] To record payment of cash dividends. $10,000 $10,000
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