30 Jun iption see attachment below for lab exercises. Feel free to a
Question Description
see attachment below for lab exercises. Feel free to ask question if need it.
Tags: business and finance accounting problem common stock declaration and payment stockholders equity accounts
brief_exercise_14.docx
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Brief Exercise 14-01 Sheridan Corporation has 79,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.) Date Click if you would like to Show Work for this question: Account Titles and Explanation Debit Credit Open Show Work SHOW LIST OF ACCOUNTS LINK T
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