Question
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $46,000 on a corporation's common stock are October
Entries for Cash Dividends
The declaration, record, and payment dates in connection with a cash dividend of $46,000 on a corporation's common stock are October 1, November 7, and December 15.
Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.
| Oct. 1 | Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends | Cash Dividends | Cash Dividends |
| Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends Payable | Cash Dividends Payable | Cash Dividends Payable | |
| Nov. 7 | Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredNo Entry Required | No Entry Required | No Entry Required |
| Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredNo Entry Required | No Entry Required | No Entry Required | |
| Dec. 15 | Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash Dividends Payable | Cash Dividends Payable | Cash Dividends Payable |
| Cash Dividends PayableCash DividendsCashCommon StockNo Entry RequiredCash | Cash | Cash |
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
