Question
The stockholders' equity section of Famous Corporation included the following: Common stock, $2 par value, 3,000,000 shares authorized, 268.500 shares issued and outstanding $537.000 On
The stockholders' equity section of Famous Corporation included the following: Common stock, $2 par value, 3,000,000 shares authorized, 268.500 shares issued and outstanding $537.000
On March 1, 2022, the board of directors declared a $1.20 per share cash dividend on the common stock, payable March 31, 2022, to stockholders of record on March 15, 2022. Record the necessary journals. Always include the debit account first and the credit accounts second. If there is No Entry type in "No Entry". Example DR Equipment $50.000 CR Cash $50,000
Part A March 1 Blank # 1
Blank # 2
Part B
March 15
Blank # 1
Blank # 2
Part C
March 31
Blank # 1
Blank # 2
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