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Ayayal Corp. has 7,100 shares of common stock outstanding, it declares a $1 per share cash dividend on November 1 to stockholders of record on

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Ayayal Corp. has 7,100 shares of common stock outstanding, it declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare a tabular summary to record the declaration and payment of the cash dividend. Of a transaction causes a decrease in Assets, Liabilities or Stockholders Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Lobility or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Paid-in-Capital Retained Earnings Cash - Dividend Payable + Revenue Expense Nov. 1 $ Dec. 31 Ayayai Corp. has 7,100 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on Decembe 1. The dividend is paid on December 31 Prepare a tabular summary to record the declaration and payment of the cash dividend. Of a transaction causes a decrease in Assets, Liabilities or Stockholders Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Liabilities - Stockholders' Equity Paid-in-Capital Retained Earnings Dividend Payable + Revenue Expense Dividend -Tandbook and dadla

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