Marigold Inc. declared a cash dividend of $ per share on its million outstanding shares. The dividend was declared on August payable on September to all stockholders of record on August

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 for the amounts. Record entries in the order displayed in the problem statement.

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date

Aug.

Correct answer

enter an account title

enter a debit amount

Incorrect answer

enter a credit amount

Incorrect answer

enter an account title

Dividends Payable

Correct answer

enter a debit amount

Incorrect answer

enter a credit amount

Incorrect answer

choose a transaction date

Aug.

Correct answer

enter an account title

No Entry

Correct answer

enter a debit amount

Incorrect answer

enter a credit amount

Incorrect answer

enter an account title

No Entry

Correct answer

enter a debit amount

Incorrect answer

enter a credit amount

Incorrect answer

choose a transaction date

Sep.

Correct answer

enter an account title

Dividends Payable

Correct answer

enter a debit amount

Incorrect answer

enter a credit amount

Incorrect answer

enter an account title

Cash

Correct answer

enter a debit amount

Incorrect answer

enter a credit amount