The equity section of Starstruck Corporation Ltd at 31 December 2019 included the following:
On November 1 2020 the board of directors declared a $2.00 per share dividend on the ordinary shares, payable 30 November 2020 to shareholders of record on 15 November 2020.
Prepare the journal entries that should be made by Starstruck Corporation Ltd on the dates indicated below:

Question

The equity section of Starstruck Corporation Ltd at 31 December 2019 included the following:
  On November 1 2020 the board of directors declared a $2.00 per share dividend on the ordinary shares, payable 30 November 2020 to shareholders of record on 15 November 2020.
Prepare the journal entries that should be made by Starstruck Corporation Ltd on the dates indicated below:

Quizplus · Accepted Answer

The Answer of The equity section of Starstruck Corporation Ltd at 31 December 2019 included the following:
  On November 1 2020 the board of directors declared a $2.00 per share dividend on the ordinary shares, payable 30 November 2020 to shareholders of record on 15 November 2020.
Prepare the journal entries that should be made by Starstruck Corporation Ltd on the dates indicated below:

The Equity Section of Starstruck Corporation Ltd at 31 December