The declaration, record, and payment dates in connection with a cash dividend of $50,000 on a corporation’s common stock are January 15, February 15, and March 15. Journalize the entries required on each date. If no entry is required, select "No Entry" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.

Q: On October 10, the board of directors of Pinto Corporation declared a 10% stock dividend. On October…

A: Journal entry shows recording of each and every business transaction. Every transaction have dual…

Q: The declaration, record, and payment dates in connection with a cash dividend of $41,200 on a…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a…

A: Prepare journal entry  for the declaration of dividend:

Q: Required information [The following information applies to the questions displayed below.] The…

A: 1. Accounting Equation - Accounting Equation is calculated using following equation - Assets =…

Q: he declaration, record, and payment dates in connection with a cash dividend of $34,000 on a…

A: Journal entries are the entries to be recorded in the accounting books of the business for all the…

Q: The declaration, record, and payment dates in connection with a cash dividend of $53,000 on a…

A: Adjusting journal entry: At year-end when the company finalizes its accounts then any unrecognized…

Q: The declaration, record, and payment dates in connection with a cash dividend of $31,100 on a…

A: A CASH DIVIDEND IS THE DISTRIBUTION OF FUNDS OR MONEY PAID TO STOCKHOLDERS GENERALLY AS PART OF THE…

Q: The following information and transactions took place during 2019:

 May 1. Declared a $3 per share…

A: Closing entries are those entries posted to close the accounts by making adjustments and these…

Q: Sealand Company has 90,000 common shares outstanding. Because it wants to retain its cash for other…

A: Number of shares outstanding = 90,000 Current market value of 1 common stock = $22 Stock dividend…

Q: Larkspur, Inc. has 6,700 shares of common stock outstanding. It declares a $2 per share cash…

A: Dividend declared and paid: The majority of dividends are cash dividends, which are distributions…

Q: The declaration, record, and payment dates in connection with a cash dividend of $135,000 on a…

A: Debit what comes in, Credit what goes out. Debit the receiver, Credit the giver. Debit all expenses…

Q: On March 15, American Eagle declares a quarterly cash dividend of $0.075 per share payable on April…

A: The dividend is declared from the retained earnings of the business.

Q: On April 1st, Shareholders invested OMR 60,000 cash in exchange for ordinary :shares. The Journal…

A: Shareholders are the persons who invest money in the shares of the company and in turn gets…

Q: The declaration, record, and payment dates in connection with a cash dividend of $30,200 on a…

A: The dividends amount is given at $30,200.

Q: The charter of a corporation provides for the issuance of 105,588 shares of common stock. Assume…

A: Dividend distribution is a method of distributing profit among the stockholder of the organization.…

Q: The declaration, record, and payment dates in connection with a cash dividend of $47,800 on a…

A: Cash dividend refers to the amount of money  or funds distributed by the corporation to its…

Q: Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash…

A: Cash Dividends :— It is the cash paid to stockholders against the distribution of their return on…

Q: The declaration, record, and payment dates in connection with a cash dividend of $195,000 on a…

A: In case of declaration of dividend  No entry is required

Q: Larkspur, Inc. has 6,700 shares of common stock outstanding. It declares a $2 per share cash…

A: First, compute the cash dividends as shown below: Cash dividends = 6,700*$2 Cash dividends = $13,400…

Q: On March 15, a company declares a quarterly cash dividend of $0080 per share payable on April 13 to…

A: Dividend: Dividend is the distribution of profit by Company to it's shareholder. Dividend is the…

Q: The declaration, record, and payment dates in connection with a cash dividend of $135,000 on a…

A: Record the journal entry for the declaration of cash dividends:January 12- Declaration Date.

Q: On May 15, Canadian Falcon declares a quarterly cash dividend of $0.20 per share payable on June 10…

A: The question is based on the concept of Financial Accounting.

Q: The dates of importance in connection with a cash dividend of $131,000 on a corporation's common…

A: Cash dividend is giving the  money  to stockholders generally as part of the companies current…

Q: On June 1, 2018, the board of directors declared a $100,000 cash dividend to be distributed to…

A: Date Accounts Debit Credit June 1 Dividends 100,000       Dividends Payable   100,000…

Q: The declaration, record, and payment dates in connection with a cash dividend of $37,000 on a…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: The declaration, record, and payment dates in connection with a cash dividend of $49,500 on a…

A: Cash dividend: The amount of cash provided by a corporation out of its distributable profits to its…

Q: The declaration, record, and payment dates in connection with a cash dividend of $659,000 on a…

A: Record date is the date on which the list of shareholders entitiled to receive dividend is…

Q: The declaration, record, and payment dates in connection with a cash dividend of $195,000 on a…

A: The question is based on the concept of Financial Accounting.

Q: The declaration, record, and payment dates in connection with a cash dividend of $350,000 on a…

A: Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its…

Q: ngo Corporation’s board of directors declared a P950,000 cash dividend on March 1, 2018, payable on…

A: Journal entries  March 1st, 2018 Dividend   Dr.  $950000 Dividend payable Cr. $950000 (Being…

Q: Please help

A: Cash Dividends are the amount paid to the shareholders, from the earnings of the company. Basically,…

Q: The declaration, record, and payment dates in connection with a cash dividend of $49,200 on a…

A: Date of Declaration is the one on which the dividends and dividend amount is declared. So the entry…

Q: The dates of importance in connection with a cash dividend of $70,000 on a corporation's common…

A: On the date of declaration, dividends are declared and not paid, hence a liability account called…

Q: The declaration, record, and payment dates in connection with a cash dividend of $61,000 on a…

A: Dividend is the return to the shareholder’s by the company out from the earnings available to common…

Q: The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a…

A: Please find the answer to the above question below:

Q: On July 31, a company declared a cash dividend of SR0.25 per common share to the shareholders of…

A: Please see the next step

Q: The declaration, record, and payment dates in connection with a cash dividend of $79,600 on a…

A: For record date there would be no journal entry recorded as no transaction has actually taken place.…

Q: A company declares a cash dividend of $50,000 on November 5th and records the stockholders on…

A: Solution: journal entries related to these dividend transactions are as under:

Q: A company declared a cash dividend of $.35 per common share to the shareholders of record on July…

A: The dividend is payable on the shares issued and outstanding.

Q: The dates of importance in connection with a cash dividend of $143,000 on a corporation's common…

A:

Q: The declaration, record, and payment dates in connection with a cash dividend of $76,000 on a…

A: Date Accounts title and explanation Debit ($) Credit ($) 1-Feb Retained earnings $76,000…

Q: The charter of a corporation provides for the issuance of 114,964 shares of common stock. Assume…

A: Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its…

Q: Oriole Corporation has 74,000 shares of common stock outstanding. It declares a $2 per share cash…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: The dates of importance in connection with a cash dividend of $50,000 on a corporation's common…

A: On the declaration date, the amount of dividends is declared and therefore it is recorded in the…

Q: Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash…

A: Journal entry is the process of recording the business transactions in the accounting books for the…

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.