The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a corporation's common stock are January 12, March 13, and April 12 Journalize the entries required on each date. If no entry is required simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles Journal POST REF DEBIT DATE

The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a corporation's common stock are January 12, March 13, and April 12 Journalize the entries required on each date. If no entry is required simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles Journal POST REF DEBIT DATE

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter21: Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings

Section: Chapter Questions

Problem 8SPB: CASH DIVIDENDS AND INCOME TAXES During the year ended December 31, 20-2, Tatu Company completed the...

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Record entries (if necessary) for the following transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. June 30 Declared a $48,000 cash dividend payable to common stockholders. July 15 The date of record for the cash dividend declared is July 15. July 31 Paid the dividend declared on June 30. View transaction list 1 Declared a $48,000 cash dividend payable to common stockholders. 2 3 The date of record for the cash dividend declared is July 15. Paid the dividend declared on June 30. X Credit >
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