ch14 \ Accounting

[TURKI ALharbi]

المشاركة الأصلية كتبت بواسطة coOola on november 27 , the board of directors of India Star company declared a 0.35$ per share dividend. The dividend is payable to shareholders of record on December 7 on december 24. the company has 25500 shares of 1$ per common stock outstanding at november 27 . journalize the entries needed on the declaration & payment datas

اعتقد القيد كدا

Retained Earnings 892.5 طبعا Dr
Dividends Payable 892.5 طبعا Cr


سوري نسيت يوم الدفع مانتبه له
Dividends Payable 892.5 طبعا Dr
cash 892.5 وطبعا Cr