Chapter 11, Problem 11.13E

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

To prepare: The journal entries for cash dividends for Corporation G.

(b)

To determine

To show: The way in which dividends and dividends payable would be reported in the financial statements at December 31.