QS 11-6 (Algo) Accounting for cash dividends LO P2 Prepare journal entries to record the following transactions for Emerson Corporation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. July 15 Declared a cash dividend payable to common stockholders of $164,000. August 15 Date of record is August 15 for the cash dividend declared on July 15. August 31 Paid the dividend declared on July 15. View transaction list Journal entry worksheet < 1 2 3 Record the declaration of a cash dividend payable to common stockholders. Date July 15 Note: Enter debits before credits. General Journal Debit Credit
QS 11-6 (Algo) Accounting for cash dividends LO P2 Prepare journal entries to record the following transactions for Emerson Corporation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. July 15 Declared a cash dividend payable to common stockholders of $164,000. August 15 Date of record is August 15 for the cash dividend declared on July 15. August 31 Paid the dividend declared on July 15. View transaction list Journal entry worksheet < 1 2 3 Record the declaration of a cash dividend payable to common stockholders. Date July 15 Note: Enter debits before credits. General Journal Debit Credit
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter11: Accounting For Transactions Using A General Journal
Section11.3: Accounting For The Declaration And Payment Of A Dividend
Problem 1OYO
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