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pala o December 31, 2021. Record the initial public offering and all jounal entrie associated with the dividends paid. Be sure to include descriptions of your journa entries. If no entry is required., be sure to state "no entry required"

pala o December 31, 2021. Record the initial public offering and all jounal entrie associated with the dividends paid. Be sure to include descriptions of your journa entries. If no entry is required., be sure to state "no entry required"

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3: of $10 par value common stock at $12.25 per share. On November 30, 2021, Rīrā, Inc. declared a $1.30 dividend for all shares outstanding (initial public offering only outstanding) as of December 5, 2021. The dividend is to be paid on December 31, 2021. Record the initial public offering and all journal entries associated with the dividends paid. Be sure to include descriptions of your joumal entries. If no entry is required, be sure to state “no entry required" On March 1, 2021, Rīrā, Inc. had an initial public offering (IPO) of 100,000 shares Rira, Inc. General Journal Date Account Debit Credit
Transcribed Image Text:3: of $10 par value common stock at $12.25 per share. On November 30, 2021, Rīrā, Inc. declared a $1.30 dividend for all shares outstanding (initial public offering only outstanding) as of December 5, 2021. The dividend is to be paid on December 31, 2021. Record the initial public offering and all journal entries associated with the dividends paid. Be sure to include descriptions of your joumal entries. If no entry is required, be sure to state “no entry required" On March 1, 2021, Rīrā, Inc. had an initial public offering (IPO) of 100,000 shares Rira, Inc. General Journal Date Account Debit Credit
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