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Question 6 on hw On March 15, Amanican Eagle declares a quarterly cash dvidend of $0.125 per share payable on April 13 to all stockhoiders
Question 6 on hw
On March 15, Amanican Eagle declares a quarterly cash dvidend of $0.125 per share payable on April 13 to all stockhoiders of record on March 30, Required: Record American Eagle's declaration and peyment of cash dividends for its 210 milion shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. 5.5 should be entered as 5,500,000)) entered ?? View transaction list Journal entry worksheet Record the declaration of cash dividands. Note: Enter debits before credits. General Journal March 1 Record entry Clear entry Vlew general journalStep by Step Solution
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