Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 7

A Entries for cash dividends
The declaration, record, and payment dates in connection with a cash dividend of $710,000 on a corporation's common stock are June 15, August 10, and September 15. Journalize the entries required on each date.
B Entries for cash dividends
The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date.