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how would i record these transactions? Un March 15, American Eagle declares a quarterly cash dividend of $0.070 per share payable on April 13 to
how would i record these transactions?
Un March 15, American Eagle declares a quarterly cash dividend of $0.070 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 221 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 1 2 Record the declaration of cash dividends. Note: Enter debits before credits. Date General Journal Debit Credit March 15 Clear entry View general journal Record entry On March 15, American Eagle declares a quarterly cash dividend of $0.070 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 221 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 3 Record the entry on the date of record. Note: Enter debits before credits. General Journal Debit Credit Date March 30 Clear entry View general journal Record entry s On March 15, American Eagle declares a quarterly cash dividend of $0.070 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 221 million shares. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet 2 Record the payment of cash dividends. Note: Enter debits before credits. Debit Credit Date April 13 View general journal Record entry General Journal Clear entry Step by Step Solution
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