Entries for cash dividends Chart of Accounts Journal Instructions The declaration, record, and payment dates in connection with a cash dividend of s580,000 on a corporation's common stock are June 15, and September 15. Journalize the entries required on each date. If no entry la required, simply skip to the next transaction Refer to the Chart of Accounts for exact wording of account tities. Previous Next Entries for cash dividends Instructions Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Recelvable 141 Merchandise Inventory 145 Office Supplies 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense PreviousNext Ins Chart of Accounts 181 Land 193 Equipment 194 Accumulated Depreciation-Equipment 531 Advertising Expense 532 Delivery Expense 533 Selling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 236 Stock Dividends Distributable 241 Salaries Payable 261 Mortgage Note Payable uctions t of Accounts EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends 390 Income Summary ah dividends Instructions Chart of Accounts Journal Inst Chart of Accounts Journal wording of account titles. PAGE 10 JOURNAL CREDIT DESCRIPTION DATE