BRIEF EXERCISE 15-12

BRIEF EXERCISE 15-12 - 500,000 June 1 Dividends Payable .

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BRIEF EXERCISE 15-12 Apr. 20 Retained Earnings ($500,000 – $125,000) . ..... 375,000 Paid-in Capital in Excess of Par. ....................... 125,000 Dividends Payable. ......................................
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Unformatted text preview: 500,000 June 1 Dividends Payable . ................................................ 500,000 Cash . ................................................................ 500,0...
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