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Question 3 (10 points) On January 1, 2017, Jennifer Corporation had 150.000 shares of common stock outstanding. On May 15, the board declared a $0.38
Question 3 (10 points) On January 1, 2017, Jennifer Corporation had 150.000 shares of common stock outstanding. On May 15, the board declared a $0.38 per share dividend to be paid to stockholders of record on June 4. The dividend was distributed on June 15. Use this information to prepare the General Journal entries (without explanation) for May 15 & June 15. If no entry is required then write "No Entry Required
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