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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 30 June 20x2. During the year ended 307

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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 30 June 20x2. During the year ended 307 June 20x3 the company had the following in relation to dividends: On the 15h 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 10 February 20x3 it declared and paid an interim dividend of 6.5 cents per share. On the 28" June 20x3 it determined and declared a final dividend of 9.5 cents per share to be paid on the 31" August 20x3. Required Prepare general journal entries for all dividend transactions of Princess Ltd for the financial year ended 30 June 20X3. Narrations are not required. 9 marks

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