Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting
Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. Microsoft has 7.71B shares outstanding. What is the journal entry Microsoft records on September 18th, 2019? [Select] What is the journal entry Microsoft records on November 21. 2019? [Select] What is the journal entry Microsoft records on December 12, 2019? [Select] Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. Microsoft has 7.713 shares outstanding. What is the journal entry Microsoft records on September 18th, 2019? [Select ] DR Retained Earnings $3.932b CR Dividends Payable $3.932b DR Dividends Payable $3.932b CR Cash $3.932b DR Dividends Payable $3.932b CR Retained Earnings $3.932b no journal entry required What is the journal entry Microsoft records on November 21, 2019? What is the journal entry Microsoft records on December 12, 2019? (Select] Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. Microsoft has 7.71B shares outstanding. What is the journal entry Microsoft records on September 18th, 2019? [Select] What is the journal entry Microsoft records on November 21, 2019 [ Select] no journal entry required DR Retained Earnings $3.932b CR Dividends Payable $3.932b DR Dividends Payable $3.932b CR Cash $3.932b DR Retained Earnings $3.932b CR Cash $3.932b Select] What is the journal entry Microsoft records on December 12, 2019? Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. Microsoft has 7.713 shares outstanding. What is the journal entry Microsoft records on September 18th, 2019? [Select] What is the journal entry Microsoft records on November 21, 2019? [Select] What is the journal entry Microsoft records on December 12, 2019 [Select] DR Retained Earnings $3.932b CR Dividends Payable $3.932b DR Dividends Payable $3.932b CR Cash $3.932b no journal entry required DR Cash $3.932b CR Dividends Payable $3.932b
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started