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RCA declares a $25,000 dividend on Jan 15, 2017 to shareholders on Jan 30 2017. The dividend will be paid on Feb 15 2017. 1)
RCA declares a $25,000 dividend on Jan 15, 2017 to shareholders on Jan 30 2017. The dividend will be paid on Feb 15 2017.
1) What is the journal entry on Jan 15?
Assets | Liabilities | Stockholders Equity |
2) What is the journal entry on Jan 30?
Assets | Liabilities | Stockholders Equity |
3) What is the journal entry on Feb 15?
Assets | Liabilities | Stockholders Equity |
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