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Kingbird Inc. declared a cash dividend of $2.05 per share on its 2 million outstanding shares. The dividend was declared on August 1, payable on

Kingbird Inc. declared a cash dividend of $2.05 per share on its 2 million outstanding shares. The dividend was declared on August 1, payable on September 9 to all stockholders of record on August 15. Prepare all journal entries necessary on those three dates. (List all debit entries before credit entries. Enter answers in dollars. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries in the order displayed in the problem statement.) Date 10 Account Titles and Explanation Debit Credit
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Kingbird inc declared a cash dividend of $2.05 per share on its 2 million outstanding shares The dividend was declared on August 1 , payable on September 9 to all stockholders of record on Auzust 15. Prepare all journal entries necessary on those three dates. (Ust all debit entries before creift entries Enter answers in dollars. Creafit account titles are automatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Record entries in the order disployed in the problem statement.)

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