S U 219 Deli Llama has issued 100,000 shares $1 par value common stock and has repurchased 10,000 of its shares. 220 On December 20, the board of directors declared a cash dividend of $0.10 per share to those holding the shares 221 at the close of business on December 31, payable January 5. 222 223 1) Declaration Date 224 225 Dec. 20 226 227 Declared a $0.10 dividend 228 229 230 Assets Cash 231 BB 232 Dec. 20 233 EB 234 DEBIT CREDIT #N/A 235 2) Date of Record: no entry (update stock names/addresses 236 3) Payment Date: 237 238 Jan. 5 239 240 Payment of Dividends Declared 241 242 243 Assets Cash 2441 BB 245 Jan. 5 246 EB 247 248 DEBIT CREDIT W X Liabilities Dividends Payable Shareholders' Equity Dividends Liabilities Dividends Payable Shareholders' Equity Dividends