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Princess Ltd has issued share capital of $7,500,000 of Ordinary shares all paid to $15.00/share as at 30th June 20x2. During the year ended 30th
Princess Ltd has issued share capital of $7,500,000 of Ordinary shares all paid to $15.00/share as at 30th June 20x2. During the year ended 30th June 20x3 the company had the following in relation to dividends: el On the 15th September 20x2 it paid the final dividend declared in the previous financial year amounting to $60,000. NOTE that all dividends are paid in cash and a Dividend Reinvestment Plan is not available.- On the 10st February 20x3 it declared and paid an interim dividend of 6.5 cents per share. On the 28th June 20x3 it determined and declared a final dividend of 9.5 cents per share to be paid on the 31st August 20x3.4 Required Prepare general journal entries for all dividend transactions of Princess Ltd for the financial year ended 30th June 20x3. Narrations are not required. 9 marks DATE DR. CR E El El El El El El T. E E E E- E E E E E E E E- E E E- E- E- E- E- E- E- E- E- E- E E- E- E E E E E- E E E- E E EL E E- E E- EL El El El El E
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