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

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter12: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 12.3BE: Entries for cash dividends The declaration, record, and payment dates in connection with a cash...
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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 filles
Journal
POST REF
DEBIT
DATE
CR
Transcribed Image Text:Instructions 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 filles Journal POST REF DEBIT DATE CR
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