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Show Attengt History Current Attempt in Progress Stellar Corporation has 10.80 million shares of ordinary shares med and outstanding On June 1, the board of

Show Attengt History Current Attempt in Progress Stellar Corporation has 10.80 million shares of ordinary shares med and outstanding On June 1, the board of director an 82 cents per share cash dividend to shareholders of record as of hune 14, payable June 30 (a) Prepare the journal entries for each of the dates above assuming the dividend represents a distribution of earnings account titles are automatically indented when amount is entered. Do not indent mans no entry is reader Ne Entry the account titles and enter for the amounts) Date Account Titles and Explanation Retained Earrings Did Pat Nory No Enery Debit Credit 4000 0 63 v Dividends Payable 856000 000 Cal Q (b) How would the entries differ it the dividend were a liquidating dividend Credit account amount is entered Do not indent evinually e entry is real, select "No Entry for t Date Account Titles and Explanation really account tiles and enter Of the amounts Debit Credit eTextbook and Media List of Accounts Saf Attempts 0 of 3 Qw

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