Fetzer Company declared a $0.30 per share cash dividend. The company has 180,000 shares authorized, 171,000 shares issued, and 7,200 shares in treasury stock. The journal entry to record the dividend declaration is:

Fancy Clothing Company is authorized to issue 110,000 shares of $2 par common stock. The company issued 5,100 shares at $6 per share, when the market price of the common stock was $10 per share. Later, Charter declared and paid a $0.50 per share cash dividend. The journal entry to declare the cash dividend would be: O Dividends Payable - Common 55,000 Cash Dividends O Cash Dividends OOO Dividends Payable - Common O Cash Dividends Dividends Payable - Common O Dividends Payable - Common Cash Dividends 2,550 55,000 2,550 55,000 2,550 55,000 2,550

Nutritious Pet Food Company's board of directors declares a cash dividend of $1.00 per common share on November 12. On this date, the company has issued 8,000 shares but 1,900 shares are held as treasury shares. What is the journal entry to record the declaration of this dividend? If an amount box does not require an entry, leave it blank. Nov. 12

Prepare journal entries for both of the following transactions: On Jan 1, ABC Company issued 300 $10 stocks with a $5 par value. On Dec 31st, ABC Company, declared a 3% cash dividend on each share.

Nexis Corp. issues 1,180 shares of $9 par value common stock at $17 per share. When the transaction is recorded, credits are made to a. Common Stock, $9,440 and Paid-In Capital in Excess of Stated Value, $10,620. Ob. Common Stock, $20,060. Oc. Common Stock, $9,440 and Retained Earnings, $10,620. Od. Common Stock, $10,620, and Paid-In Capital in Excess of Par-Common Stock, $9,440.

Sabas Company has issued and outstanding 49,000 shares of $100 par, 8% preferred stock and 101,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 $467,000 474,000 543,000 Year 3 Determine the dividend per share for preferred and common stock for each year. If required, round your answers to two decimal places. Dividend per share: Year 1 Year 2 Year 3 Preferred stock Common stock $ $ $ $ $

The board of durectors declared a $2 per share cash dividend on common stock and the corporation had 5,000 shares authorized and 4,000 shares outstanding.  The journal entry for the dividend declaration would be:

Nutritious Pet Food Company’s board of directors declares a cash dividend of $1.00 per common share on November 12. On this date, the company has issued 12,000 shares but 2,000 shares are held as treasury shares. What is the journal entry to record the declaration of this dividend?   The company pays the dividend on December 14. What is the journal entry to record the payment of the dividend?

Nexis Corp. issues 1,110 shares of $9 par value common stock at $17 per share. When the transaction is journalized, credits are made to a.Common Stock, $8,880 and Retained Earnings, $9,990. b.Common Stock, $8,880 and Paid-In Capital in Excess of Stated Value, $9,990. c.Common Stock, $18,870. d.Common Stock, $9,990, and Paid-In Capital in Excess of Par—Common Stock, $8,880.