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Following is a recent Giga Tech. press release: REDMOND. Wash.-Nov. 29, 2017 - Giga Tech. on Wednesday announced that its board of directors declared a
Following is a recent Giga Tech. press release: REDMOND. Wash.-Nov. 29, 2017 - Giga Tech. on Wednesday announced that its board of directors declared a quarterly dividend of \$0.19 per share. The dividend is payable March 8, 2018, to shareholders of record on Feb. 15, 2018. The ex-dividend date will be Feb. 14, 2018. Prepare the journal entries Giga Tech. used to record the declaration and payment of the cash dividend for its 9,600 million shares. (If no entry is requlred for a tronsactlon/event, select "No journol entry requlred" In the flrst account fleld. Enter your answers In millions (l.e., 10,000,000 should be entered os 10).) Journal entry worksheet Record the journal entry on the declaration date. Note: Enter debits before credits
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