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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615 Exercise 7
A Entries for cash dividends
The declaration, record, and payment dates in connection with a cash dividend of $710,000 on a corporation's common stock are June 15, August 10, and September 15. Journalize the entries required on each date.
B Entries for cash dividends
The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date.
The declaration, record, and payment dates in connection with a cash dividend of $710,000 on a corporation's common stock are June 15, August 10, and September 15. Journalize the entries required on each date.
B Entries for cash dividends
The declaration, record, and payment dates in connection with a cash dividend of $480,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date.
Explanation
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A. Entries for cash dividends
On June 1...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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