Question
On May 12, 2012 Wiley Corporation declared a $65,000 cash dividend on its common stock. The dividend is to be paid on July 1, 2012.
On May 12, 2012 Wiley Corporation declared a $65,000 cash dividend on its common stock. The dividend is to be paid on July 1, 2012. Prepare the journal entries to record the transaction on May 12th & July 1st.
Prepare the journal entries to record the transaction on May 12th & July 1st
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Financial Accounting An Introduction
Authors: Jacqui Kew, Alex Watson
4th Edition
0199046484, 978-0199046485
