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On December 18, 2019, Seifert Corp. declared a $40,000 dividend to be paid on January 25, 2020 to shareholders of record on January 3, 2020.
On December 18, 2019, Seifert Corp. declared a $40,000 dividend to be paid on January 25, 2020 to shareholders of record on January 3, 2020. On which date will Seifert debit the Dividends account? Group of answer choices
January 25, 2020
December 18, 2019
December 31, 2019
January 3, 2020
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