Unformatted text preview: per share.
Dec 31: Declared a $0.75 cash dividend on each share of its common stock outstanding, payable on January 15,
2013, to stockholders of record as of December 31, 2012.
Required: Prepare the journal entries to record the above transactions
Jan 1 Cash (12,000 shs x $14.20) Dr. Cr. 170,400 C...
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- Fall '08