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This should be super easy. Need this done asap please. Thanks Journal Entry for Dividends Prepare a journal entry on June 30 for the payment
This should be super easy. Need this done asap please. Thanks
Journal Entry for Dividends Prepare a journal entry on June 30 for the payment of dividends of $10,000. If an amount box does not require an entry, leave it blank. June 30 Dividends Expense y 10,000 X Feedba Accounts Payable Accounts Receivable Ched Firs Cash is used and then what type of account is used. Every account is either an asset, liability, stockholders' equity, dividends, revenue, or expense account. Then determine whether the account increases or decreases. Each increase or decrease is recorded as a de Dividends le rules of debit and credit (Refer to Exhibit 3 in the text). Remember total debits should equal total credits in your entry. Dividends Expense Wages Expense
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