URGENT :

On November 15, William Corporation has 500,000 shares of $2 par value common stock authorized, and 80,000 issued. In addition, the company had recently purchased 10,000 shares of its own common stock for future use. On November 30, the company declares a $2 per share cash dividend to stockholders of record on December 15, to be paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend.

Nov 30:

Dec 15:

Dec 31: