The dates of importance in connection with a cash dividend of $128,000 on a corporation's common...
The dates of importance in connection with a cash dividend of $128,000 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.
| Jan. 15 | |||
| Feb. 15 | |||
| Mar. 15 | |||
Homework Answers
| Jan 15 | Cash dividends | 128,000 | |
| Dividends payable | 128,000 | ||
| Feb 15 | NO ENTRY | ||
| Mar 15 | Dividends payable | 128,000 | |
| Cash | 128,000 |
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