The dates connected with a cash dividend of $ 225,000 on a corporations common stock are June

Question:

The dates connected with a cash of $ 225,000 on a corporation’s are June 9, June 30, and July 7.
Present the entries in general journal form pertaining to the declaration and payment of the Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...