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Wilmington, Inc brands touch the lives of people around the world. Assume that in the current year the company had 10 bilion shares of common

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Wilmington, Inc brands touch the lives of people around the world. Assume that in the current year the company had 10 bilion shares of common stock authorized, 4 billion shares Issued, and 3 billion shares outstanding, Par value is $1 per share. Wilmington, Inc. has been paying a dividend for over 100 years. filr Required: Assume that Wilmington, Inc, declared a dividend of $2.59 per share on October 1 to stockholders of record on October 15. Wilmington, Inc, paid the dividend on October 20, Prepare joumal entries as appropriate for each date. (if no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars not in billions (ie, 1,000,000,000 not 10).) View transaction lit LO Journal entry worksheet 2 Record the Journal entry on October 1, Note: Gardebits before credits Debit General Jou Date Credit October 01 APA MacBook BO F $

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