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During 2007, GlaxoSmithKline paid ordinary dividends to shareholders.Use the information in the statement of cash flow (financing activities) to prepare a single journal entry that
During 2007, GlaxoSmithKline paid ordinary dividends to shareholders.Use the information in the statement of cash flow (financing activities) to prepare a single journal entry that summarizes GlaxoSmithKlines ordinary dividends to shareholders for 2007. Note 16 Dividends reports total dividends declared of 2,905 for 2007. Reconcile this to the dividends recorded in the statement of cash flow.
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