Question
Which of the following is the appropriate general journal entry to record the declaration of canh dhidends? Cash Dividends Cash Dividends Payable Cash Cash Dividends
Which of the following is the appropriate general journal entry to record the declaration of canh dhidends? Cash Dividends Cash Dividends Payable Cash Cash Dividends Dividends Payable Paid-in Capital Dividends Payable D Question 14 3pts 3 pts If Quidditch Company issues 10,000 shares of $5 par value common stock for a Machine with a value of $210,000, which of the following is correct regarding the journal entry to record this transaction? Machine account will be debited for $210,000. Paid-in Capital in Excess of Par Value will be credited for $210,000. Cash will be debited for $210,000. Paid-in Capital in Excess of Par Value will be credited for $50,000
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