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Rondo Corporation has 410,000 shares of $12 par value common stock issued and outstanding Record the following entes into the general pumal for Rondo (Record debès first, then credits Exclude explanations from journal entries) Click the icon t view the sactions) July 2 Declared a cash dividend of 50 60 per share Date Ay Journal Entry Accounts PR Dr C

Rondo Corporation has 410,000 shares of $12 par value common stock issued and outstanding Record the following entes into the general pumal for Rondo (Record debès first, then credits Exclude explanations from journal entries) Click the icon t view the sactions) July 2 Declared a cash dividend of 50 60 per share Date Ay Journal Entry Accounts PR Dr C

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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Yu.11.

list K Rondo Corporation has 410,000 shares of $12 par value common stock issued and outstanding Record the following entres into the general pumal for Rondo (Record debes first, then credits Exclude explanations from journal entries) Click the icon to view the transactions) July 2 Declared a cash dividend of 50 60 per share Date My 2 Journal Entry Accounts com PR Dr. Ce
Transcribed Image Text:list K Rondo Corporation has 410,000 shares of $12 par value common stock issued and outstanding Record the following entres into the general pumal for Rondo (Record debes first, then credits Exclude explanations from journal entries) Click the icon to view the transactions) July 2 Declared a cash dividend of 50 60 per share Date My 2 Journal Entry Accounts com PR Dr. Ce
More info 201X July 2 Declared a cash dividend of $0.60 per share. 1 Paid the $0.60 cash dividend to the stockholders. Aug. 4 Sept. 12 Oct. 1 Nov. Declared a 7% stock dividend. The current market price is $13 per share. Issued the stock dividend declared on August 4. Declared a 6% stock dividend. The current market price is $22 per share 2 Issued the stock dividend on October 1. - X ving e
Transcribed Image Text:More info 201X July 2 Declared a cash dividend of $0.60 per share. 1 Paid the $0.60 cash dividend to the stockholders. Aug. 4 Sept. 12 Oct. 1 Nov. Declared a 7% stock dividend. The current market price is $13 per share. Issued the stock dividend declared on August 4. Declared a 6% stock dividend. The current market price is $22 per share 2 Issued the stock dividend on October 1. - X ving e
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