Print ferences On May 20, the board of directhis I Auctionbacendablatert deals dividerid of 50 cents per share payable to stockholders of record on June 14. The dividend Ahe paid on July 14, the changity Hate $60000 shares of stock outstanding. Closing entries are recorded on July 31. Prepare any necessary burntentia forach catat no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field: View transaction list Journal entry worksheet 1 2 Date May 20 3 Record the entry on the date of declaration for a cash dividend of 50 cents per share payable on the 500,000 shares of stock outstanding. Note: Enter debits before credits, Record entry 4 General Journal Clear entry Prev Credit View general journal 1 of 10 Next

tequited" in the first acescrit liald. Journal entry worksheet