The declaration, record, and payment dates in connection with a cash dividend of $63,000 on a corporation's common stock are October 1, November 7, and December 15. Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Date Account Debit Credit Oct. 1 Nov. 7 Dec. 15
The declaration, record, and payment dates in connection with a cash dividend of $63,000 on a corporation's common stock are October 1, November 7, and December 15. Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Date Account Debit Credit Oct. 1 Nov. 7 Dec. 15
Chapter6: Investing And Financing Activities
Section: Chapter Questions
Problem 4.10C
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Question
The declaration, record, and payment dates in connection with a cash dividend of $63,000 on a corporation's common stock are October 1, November 7, and December 15.
Date | Account | Debit | Credit |
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Oct. 1 |
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Nov. 7 |
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Dec. 15 |
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