On March 15, a company declares a quarterly cash dividend of $0080 per share payable on April 13 to all stockholders of record on March 30. Required: Record the company's declaration and payment of cash dividends for its 219 million shares. (If no entry is required for a perticuler transection/event, select "No Journel Entry Required" in the first eccount field. Enter your enswers in dollers, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transactDon list Journal entry worksheet Record the declaration of cash dividends. Note Enter debits before credits Date General Journal Debit Credit March 15
On March 15, a company declares a quarterly cash dividend of $0080 per share payable on April 13 to all stockholders of record on March 30. Required: Record the company's declaration and payment of cash dividends for its 219 million shares. (If no entry is required for a perticuler transection/event, select "No Journel Entry Required" in the first eccount field. Enter your enswers in dollers, not in millions (i.e. $5.5 should be entered as 5,500,000).) View transactDon list Journal entry worksheet Record the declaration of cash dividends. Note Enter debits before credits Date General Journal Debit Credit March 15
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:On March 15, a company decares a quarterly cash dividend of $0 080 per share payable on April 13 to all stockholders of record on
March 30.
Required:
Record the company's declaration and payment of cash dividends for its 219 million shares. (If no entry is required for a perticuler
transaction/event, select "No Journel Entry Required" in the first eccount field. Enter your answers in dollers, not in millions (i.e.
$5.5 should be entered as 5,500,000).)
View transaction list
Journal entry worksheet
Record the declaration of cash dividends.
Note Enter debits before credits
General Journal
Debit
Credit
Date
March 15
Journal entry worksheet
Hint
Print
Record the entry on the date of record.
References
Note: Enter debits before credits.
Debit
Credit
General Journal
Date
March 30
View general journal
Clear entry
Record entry
Journal entry worksheet
Print
Record the payment of cash dividends.
References
Note: Enter debits before credits.
Date
General Journal
Debit
Credit
April 13
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