View Policies Current Attempt in Progress ons Sup- Crane Corporation has 11.40 million shares of common stock issued and outstanding. On June 1, the board of directors voted an 85 cents per share cash dividend to stockholders of record as of June 14, payable June 30. ounting dates Prepare the journal entries for each f the dates above assuming the dividend represents a distribution of earnings. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) 5 Sup- Credit Date Account Titles and Explanation Debit Retained Earnings 6/1 8500000 8500000 Dividends Payable No Entry 0 6/14 0 No Entry 8500000 Dividends Payable 6/30 8500000 Cash PepsiCo 10K 2013 0213.pdf W tef locations-Google Search Lotoya Davis Corporation Has 10 Million Shares O Homework 3 How would the entries differ if the dividend were a liquidating dividend? (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Credit Debit Account Titles and Explanation Date 6/1 I 6/14 6/30 d eTextbook and Media eTextbook PepsiCo 10K 2018 0213.pdf X W