INTERMEDIATE ACCOUNTING WPNG MULTI-S
INTERMEDIATE ACCOUNTING WPNG MULTI-S
17th Edition
ISBN: 2818440096518
Author: Kieso
Publisher: WILEY
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Chapter 23, Problem 13Q
To determine

Introduction: Dividend is form of a reward given to a shareholder in return for investing in a company.

Given information: Cash dividends declared: $260,000.

Payable at start of the year: $85,000.

Payable at the end of the year: $90,000.

To determine cash paid in dividend during the year.

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