Sylmar Corporation has 30,000 shares of $100 stated value no-par common stock authorized, and 20,000 shares were outstanding during 2009. The following transactions relate to cash dividends of Sylmar Corporation for the year ended December 31, 2009. Prepare entries in journal form without explanations to record the following transactions:

Question

Sylmar Corporation has 30,000 shares of $100 stated value no-par common stock authorized, and 20,000 shares were outstanding during 2009. The following transactions relate to cash dividends of Sylmar Corporation for the year ended December 31, 2009. Prepare entries in journal form without explanations to record the following transactions:
Sylmar Corporation has 30,000 shares of $100 stated value no-par common stock authorized, and 20,000 shares were outstanding during 2009. The following transactions relate to cash dividends of Sylmar Corporation for the year ended December 31, 2009. Prepare entries in journal form without explanations to record the following transactions:

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The Answer of Sylmar Corporation has 30,000 shares of $100 stated value no-par common stock authorized, and 20,000 shares were outstanding during 2009. The following transactions relate to cash dividends of Sylmar Corporation for the year ended December 31, 2009. Prepare entries in journal form without explanations to record the following transactions:

Sylmar Corporation Has 30,000 Shares of $100 Stated Value No-Par