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Question 10 of 11 - / 10 View Policies Current Attempt in Progress Groupes Corporation has 11.60 million shares of common stock issued and outstanding
Question 10 of 11 - / 10 View Policies Current Attempt in Progress Groupes Corporation has 11.60 million shares of common stock issued and outstanding on June 1, the board of directors voted an 72 cents per share cash dividend to stockholders of record as of June 14, payable June 30. Prepare the journal entries for each of the dates above assuming the dividend represents a distribution of earnings. (Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit eTextbook and Media How would the entries differ if the dividend were aliquidating dividend? (Credit accountitles are automatically indented when amount is entert. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit NUMERPO e Textbook and Media How would the entries differ if the dividend were a liquidating dividend? (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit e Textbook and Media Save for later Attempts: unlimited Submit
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