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Greenfresh Corporation eamed net income of $105,000 during the year ended December 31, 2020. On Decembe $125,000) and a $0.95 per share cash dividend on
Greenfresh Corporation eamed net income of $105,000 during the year ended December 31, 2020. On Decembe $125,000) and a $0.95 per share cash dividend on its common shares (25,000 shares for $50,000). Greenfresh Journalize the following for Greenfresh Corporation a. Declaring the cash dividends on December 15, 2020 b. Paying the cash dividends on January 4, 2021 Did Retained Earnings increase or decrease during 2020? By how much? a. Journalize Greenfresh Corporation's declaration for the cash dividends on December 15, 2020. (Record debit Journal Entry A Accounts Debit Credit 2020 Dec 15 b. Joumalize Greenfresh Corporation's payment of the cash dividends on January 4, 2021 Choose from any list or enter any number in the input fields and then continue to the next question 000 during the year ended December 31, 2020 On December 15, Greenfresh had declared the annual cash dividend on its 50.85 preferred shares (12.500 shares issued for is common shares (25,000 shares tor $50,000) Greenfresh then pad the dividends on January 4, 2021 52020 2002 ny how much? on for the cash dividends on December 15, 2020. (Record debits first, then credits. Explanations are not required.) Debit Credit of the cash dividendis on January 4, 2021 the input and the continue to the next question 23:12
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