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Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $50,000 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 $50,000 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 fill in the blank
Cash Dividends Payable fill in the blank
Nov. 7 No Entry Required fill in the blank
No Entry Required fill in the blank
Dec. 15 Cash Dividends Payable fill in the blank
Cash fill in the blanks fill in the blank

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