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Entries for cash dividends Instructions The declaration, record and payment dates in connection with a cash dividend of $115,900 on a corporation's common stock are

Entries for cash dividends
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Instructions The declaration, record and payment dates in connection with a cash dividend of $115,900 on a corporation's common stock are July 9, August 31, and October 1, Jourmalize the entries required on each cate. I no entry is required, simply skip to the next transaction. Retor to the Chart of Accounts for exact wording of account les CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Inventory 145 Office Supplies 151 Prepaid Insurance 181 Land 193 Equipment 194 Accumulated Depreciation-Equipment EXPENSES 510 Cost of Goods Sold 515 Credit Card Expense 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Selling Expenses 534 Rent Expense 535 Insurance Expense 536 Office Supplies Expense 537 Organizational Expenses LIABILITIES 210 Accounts Payable 221 Notes Payable 226 Interest Payable 562 Depreciation Expense.Fouinment Chart of Accounts Th 533 Selling Expenses 194 Accumulated Depreciation-Equipment 534 Rent Expense Jo LIABILITIES 535 Insurance Expense 210 Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 536 Office Supplies Expense 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 241 Salaries Payable 710 Interest Expense 261 Mortgage Note Payable EQUITY 236 Stock Dividends Distributable 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 Journal Joumalize the entries required on each dute. I no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of accountilles PAGE 10 ACCOUNTING EQUATION JOURNAL ASSETS LIABILITIES EQUITY CREDIT DEBIT POSTRE DATE DESCRIPTION

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