Question
Green Rock Corporation had the following transaction: On: Oct .31: It declared cash dividend of $72,500 Dec. 15: It set date of record Jan. 25:
Green Rock Corporation had the following transaction: On:
Oct .31: It declared cash dividend of $72,500
Dec. 15: It set date of record
Jan. 25: Will pay dividend.
Make the journal entries to record the transactions on the above dates
What is the significance of the date of December 15?
Green Rock Corporation had the following transaction on:
Oct .31: It declared cash dividend of $72,500
Dec. 15: It set date of record
Jan. 25: Will pay dividend.
a. Make the journal entries to record the transactions on the above dates
b. What is the significance of the date of December 15?
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
5th edition
978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061
