Declaration of Cash Dividend
Travis Corporation expected to pay its stockholders a dividend in January 2020. The cash dividend of $75,000 was declared on December 31, 2019.
Required:
What is the appropriate journal entry to record this declaration?
Accounting Information Systems
Financial & Managerial Accounting
Corporate Financial Accounting
Brief Principles of Macroeconomics (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Foundations of Business (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Essentials of Business Communication (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Principles of Economics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Probability and Statistics for Engineering and the Sciences
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Financial And Managerial Accounting
Fundamentals of Information Systems
Fundamentals of Information Systems
Principles of Information Systems (MindTap Course List)
Principles of Information Security (MindTap Course List)
Database Systems: Design, Implementation, & Management
Database Systems: Design, Implementation, & Management
A Guide to SQL
Automotive Technology: A Systems Approach (MindTap Course List)
Precision Machining Technology (MindTap Course List)
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
Fundamentals of Geotechnical Engineering (MindTap Course List)
Principles of Information Systems (MindTap Course List)
Mechanics of Materials (MindTap Course List)
Management Of Information Security
Systems Analysis and Design (Shelly Cashman Series) (MindTap Course List)
International Edition---engineering Mechanics: Statics, 4th Edition
EBK ELECTRICAL WIRING RESIDENTIAL
Principles of Geotechnical Engineering (MindTap Course List)
Electric Motor Control
Fundamentals of Chemical Engineering Thermodynamics (MindTap Course List)
Solid Waste Engineering
Automotive Technology
Steel Design (Activate Learning with these NEW titles from Engineering!)
Enhanced Discovering Computers 2017 (Shelly Cashman Series) (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Structural Analysis
College Accounting (Book Only): A Career Approach
Survey of Accounting (Accounting I)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Managerial Accounting
Financial Accounting
Cornerstones of Cost Management (Cornerstones Series)
Financial & Managerial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
Financial Accounting
Accounting Information Systems
Managerial Accounting: The Cornerstone of Business Decision-Making
Corporate Financial Accounting
Intermediate Accounting: Reporting And Analysis
College Accounting, Chapters 1-27
Pkg Acc Infor Systems MS VISIO CD
Macroeconomics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Purchasing and Supply Chain Management
Microeconomics: Private and Public Choice (MindTap Course List)
Essentials of Economics (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Micro Economics For Today
MKTG 12:STUDENT ED.-TEXT
Principles of Microeconomics
Exploring Economics
Management, Loose-Leaf Version
Microeconomics
Understanding Management (MindTap Course List)
Economics (MindTap Course List)
Practical Management Science
Macroeconomics
Contemporary Marketing