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Following is a recent BusinessSoftware Corp. press release: REDMOND, Wash.-March 16, 2016 - BusinessSoftware Corp. today announced that its board of directors have declared a
Following is a recent BusinessSoftware Corp. press release: REDMOND, Wash.-March 16, 2016 - BusinessSoftware Corp. today announced that its board of directors have declared a quarterly dividend of $0.14 per share. The dividend will be payable on June 9, 2016, to shareholders of record on May 19, 2016. The ex-dividend date will be May 17, 2016 Prepare the journal entries BusinessSoftware Corp. used to record the declaration and payment of the cash dividend for its 8,200 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 2 3 Record the journal entry on the declaration date. Journal entry worksheet 2 3 Record the journal entry on the declaration date. Note: Enter debits before credits Event General Journal Debit Credit Record entr Clear entr View general journal Journal entry worksheet 2 3 Record the journal entry on the date of record. Note: Enter debits before credits. Event General Journal Debit Credit 2 Record entr Clear entry View general journal Journal entry worksheet 2 3 Record the journal entry on the payment date Note: Enter debits before credits. Event General Journal Debit Credit Record ent Clear entr View general journal
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