total par value of $$130,000)$ and a $$0\mathrm{.}45$ per share cash dividend on its common stock $(65,000$ shares with total par value of $$650,000).$ Glenwood then paid the dividends on January $4,2022.$

Read the requirements. to record the dividends.$)$

Journal Entry

$\backslash$table$[[$Date$,$Accounts,Debit$],[2021,,],[$Dec$,15$ Cash,$]]$

b$.$ Journalize for Glenwood Corporation the payment of the cash dividends on January $4,2022.$

Journal Entry

$(1)$ Time Remaining: $00$:$35$:$49$

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