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Divine Apparel has 2 , 8 0 0 shares of common stock outstanding. On October 1 , the company declares a $ 0 . 5

Divine Apparel has 2,800 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to
stockholders of record on October 15. The dividend is paid on October 31.
Record all transactions 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.)
Answer is complete but not entirely correct.
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