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On March 15, American Eagle declares a quarterly cash dividend of $0.110 per share payable on April 13 to all stockholders of record on March
On March 15, American Eagle declares a quarterly cash dividend of $0.110 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 213 million shares. (If no entry is required for a transaction/event, select "No journal entry requlred" 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 1 Record the declaration of cash dividends. 2 Record the entry on the date of record. 3 Record the payment of cash dividends. Credit Note : = journal entry has been entered Record entry Clear entry View general journal United Apparel has the following balances in its stockholders' equity accounts on December 31, 2018: Treasury Stock. $840,000: Common Stock. $590.000: Preferred Stock. $3,500,000: Retained Earnings. $2.150.000: and Additional Paid-in Capital, $8,700,000. Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2018. (Amounts to be deducted should be Indicated by a minus slgn.) UNITED APPAREL Balance Sheet (Stockholders' Equity Section) December 31, 2018 Stockholders' equity: Total paid-in capital Total stockholders' equity
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