On November 27 the board of directors of Beth Company declared a $.60 per share dividend. The dividend is payable to shareholders of record on December 7 on December 24. Beth has 25500 shares of $1 par common stock outstanding at November 27. Journalize the entries needed on the declaration and payment dates.

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The Answer of On November 27 the board of directors of Beth Company declared a $.60 per share dividend. The dividend is payable to shareholders of record on December 7 on December 24. Beth has 25500 shares of $1 par common stock outstanding at November 27. Journalize the entries needed on the declaration and payment dates.

On November 27 the Board of Directors of Beth Company