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National Chocolate Corp. produces chocolate bars and snacks under the brand names Blast and Soothe. A press release contained the following information: March 5-National Chocolate

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National Chocolate Corp. produces chocolate bars and snacks under the brand names Blast and Soothe. A press release contained the following information: March 5-National Chocolate Corp. today announced that its Board of Directors has declared a special "one-time" cash dividend of $0.80 per share on its 94,000 outstanding common shares. The dividend will be paid on April 20 to shareholders of record at the close of business on March 20. The Company's fiscal year will end April 30. Required: 1. Prepare any journal entries that National Chocolate Corp. should make on the four dates mentioned in press release. (If no entry is required for a transaction date, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the declaration of a cash dividend of $0.80 per share payable on the 94,000 shares of common stock outstanding. Note: Enter debits before credits. Date March 05 General Journal Debit Credit Record entry Clementy View general journal National Chocolate Corp. produces chocolate bars and snacks under the brand names Blast and Soothe. A ress release contained the following information: March 5-National Chocolate Corp. today announced that its Board of Directors has declared a special one-time cash dividend of $0.80 per share on its 94,000 outstanding common shares. The dividend will be paid on April 29 to shareholders of record at the close of business on March 26. The Company's fiscal year will end April 30. Required: 1. Prepare any journal entries that National Chocolate Corp. should make on the four dates mentioned in press release. (If no entry is required for a transaction/date, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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