Question
The board of directors of Splish Brothers Inc. declared a cash dividend of $2 per share on 46000 shares of common stock on July 15,
The board of directors of Splish Brothers Inc. declared a cash dividend of $2 per share on 46000 shares of common stock on July 15, 2017. The dividend is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The effects of the journal entry to record the declaration of the dividend on July 15, 2017, are to
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
