Question
December 30: Check # 6009 was issued to pay a cash dividend of $.45 per share to Sharon, a shareholder. Shila purchases 2400 shares on
December 30: Check # 6009 was issued to pay a cash dividend of $.45 per share to Sharon, a shareholder.
Shila purchases 2400 shares on Dec 1
Trail balance as of Nov 30,2022
Common stock: 45,600
PIC in excess of par: 1,900
Retained earnings: 24,000
Dividends:
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
