The declaration, record, and payment dates in connection with a cash dividend of $30,200 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave blank. July 9 Cash Dividends Cash Dividends Payable Aug. 31 No Entry Required No Entry Required Oct. 1 Cash Dividends Payable Cash

The declaration, record, and payment dates in connection with a cash dividend of $30,200 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave blank. July 9 Cash Dividends Cash Dividends Payable Aug. 31 No Entry Required No Entry Required Oct. 1 Cash Dividends Payable Cash

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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