Nutritious Pet Food Company's board of directors declares a cash dividend of $5,000 on June 30. At that time, there are 2,800 shares of $7 par value 5% preferred stock outstanding and 7,100 shares of $1 par value common stock outstanding (none held in treasury). What is the journal entry to record the declaration of the dividend? If an amount box does not require an entry, leave it blank. June 30 Cash Dividends Payable Cash Common Stock Retained Earnings (for common stock) Retained Earnings (for preferred stock)

Nutritious Pet Food Company’s board of directors declares a cash dividend of $8,749 on June 30. At that time, there are 2,708 shares of $5 par value 9% preferred stock outstanding and 7,065 shares of $4 par value common stock outstanding (none held in treasury).  What is the amount of the common stock dividend? Round to the nearest penny, two decimals.

Desert Apparel has 6,000 shares of common stock outstanding. On April 1, the company declares a $2 per share dividend to stockholders of record on April 15. The dividend is paid on April 30.Record all necessary entries on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)   Record the declaration of Cash dividend of $2 per share to stockholders recorded on April 15. Date General Journal Debit Credit Apr 01                                               Record Entry on April 15. Date General Journal Debit Credit Apr 15                                                 Record the cash dividend paid. Date General Journal Debit Credit Apr 30

Saved Help Save & Exit Submit On May 15, Canadian Falcon declares a quarterly cash dividend of $0.20 per share payable on June 10 to all stockholders of record on May 31. Record Canadian Falcon's declaration and payment of cash dividends for its 100,000 shares of common stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Vieu

Larkspur, Inc. has 49,000 shares of $10 par value common stock outstanding. It declares a 10% stock dividend on December 1 when the market price per share is $19. The dividend shares are issued on December 31. Prepare the entries for the declaration and issuance of the stock dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Dec. 1 Dec. 31 Account Titles and Explanation Debit Credit

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On June 1, 2018, the board of directors declared a $100,000 cash dividend to be distributed to common stockholders of record on June 15, 2018.  The dividends will be paid on July 1, 2018. The required journal entry on June 1 includes a: a $100,000 credit to common stock. b $100,000 debit to dividends. c $100,000 credit to cash. d $100,000 debit to dividends payable.

The dates of importance in connection with a cash dividend of $64,000 on a corporation's common stock are January 15, February 15, and March 15. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 15 Feb. 15 Mar. 15 8

The Ivanhoe Corporation has 94,600 $2.00 noncumulative preferred shares that have been issued. It declares a quarterly cash dividend on May 15 to shareholders of record on June 10. The dividend is paid on June 30. Prepare the entries on the appropriate dates to record the cash dividend. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles Debit Credit

Astro Corporation was started with the issue of 5,500 shares of $11 par stock for cash on January 1, Year 1. The stock was issued at a market price of $20 per share. During Year 1, the company earned $68,450 in cash revenues and paid $45,862 for cash expenses. Also, a $4,800 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astro Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Changes Prepare a statement of changes in stockholders' equity. ASTRO CORPORATION Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 $ 10 Beginning common stock Plus: Issuance of common stock Ending common stock Beginning retained earnings Plus: Net income Less: Dividend Ending retained earnings Total stockholders' equity Answer is complete but not entirely correct. Balance Sheet…