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Desert Apparel has 5,000 shares of common stock outstanding. On April 1, the company declares a $2 per share dividend to stockholders of record on
Desert Apparel has 5,000 shares of common stock outstanding. On April 1, the company declares a $2 per share dividend to stockholders of record on April 15. The dividend is paid on April 30. Record all necessary entries on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1. 2 3 > Record the declaration of Cash dividend of $2 per share to stockholders recorded on April 15. Note: Enter debits before credits. Date ournal Debit Credit Apr 01 Record entry Clear entry View general journal Journal entry worksheet Record Entry on April 15. Note: Enter debits before credits. Date General Journal Debit Credit Apr 15 Record entry Clear entry View general journal Journal entry worksheet Record the cash dividend paid. Note: Enter debits before credits. Date General Journal Debit Credit Apr 30 Record entry Clear entry View general journal
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