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this question has multiple parts, thank you Exercise 10-8A Record cash dividends (LO10-5) On March 15, American Eagle declares a quarterly cash dividend of $0.115
this question has multiple parts, thank you
Exercise 10-8A Record cash dividends (LO10-5) On March 15, American Eagle declares a quarterly cash dividend of $0.115 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 212 million shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transaction list Journal entry worksheet Record the declaration of cash dividends. Note: Enter debits before credits. General Journal Debit Credit Date March 15 Record entry View general journal Clear entry View transaction list Journal entry worksheet Record the entry on the date of record. Note: Enter debits before credits. General Journal Debit Credit Date March 30 Record entry View general journal Clear entry View transaction list Journal entry worksheet Record the payment of cash dividends. Note: Enter debits before credits. General Journal Debit Credit Date April 13 Record entry View general journal Clear entryStep by Step Solution
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