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Divine Apparel has 2,400 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on

image text in transcribedimage text in transcribedimage text in transcribed Divine Apparel has 2,400 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Determine the financial statement effects for all transactions on the appropriate dates for cash dividends. Complete this question by entering your answers in the tabs below. Oct 1 Oct 15 Oct 31 Determine the financial statement effects of the declaration of cash dividends on October 1. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Revenues Liabilities Income Statement Balance Sheet Stockholders' Equity Contributed Capital Retained Earnings Treasury Stock Expenses Net Income Divine Apparel has 2,400 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Determine the financial statement effects for all transactions on the appropriate dates for cash dividends. Complete this question by entering your answers in the tabs below. Oct 1 Oct 15 Oct 31 Determine the financial statement effects for stockholders of record on October 15. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Revenues Liabilities Income Statement Balance Sheet Stockholders' Equity Contributed Capital Retained Earnings Treasury Stock Expenses Net Income Divine Apparel has 2,400 shares of common stock outstanding. On October 1, the company declares a $0.75 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Determine the financial statement effects for all transactions on the appropriate dates for cash dividends. Complete this question by entering your answers in the tabs below. Oct 1 Oct 15 Oct 31 Determine the financial statement effects when the dividend is paid on October 31. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Liabilities Balance Sheet Stockholders' Equity Treasury Contributed Capital Retained Earnings Stock Income Statement Revenues Expenses Net Income

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