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please need awnsers The following information and transactions took place during 2020: May-18 jul-20 Aug-31 Declared a 58 per share cash dividend on 20,000 common
please need awnsers
The following information and transactions took place during 2020: May-18 jul-20 Aug-31 Declared a 58 per share cash dividend on 20,000 common shares issued and outstanding Paid the cash dividends declared on May 18. Preparing closing entries. The balance in the income summary is 1$ 45,000 credit Prepare journal entries for the above transactions. Use the following formate for your answer: DR-account name amount CR-account name amount (8 points) For the toolbar, press ALT+F10 (PC) Or ALTAFN+F10 (Mac). 1 g 5 Paragraph Arial 14px T YOStep by Step Solution
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