Quiz#10_CH11_and 12_Solution

00 additional paid in capital 200 shs x 2200 18000 dec

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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 Account Title Jan 1 Cash (12,000 shs x $14.20) Dr. Cr. 170,400     C...
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This note was uploaded on 02/10/2014 for the course MGA 201 taught by Professor Anderson during the Fall '08 term at SUNY Buffalo.

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