Connect with experts and get insightful answers to your questions on IDNLearn.com. Get step-by-step guidance for all your technical questions from our dedicated community members.
Sagot :
Answer:
October 1
Dr Cash Dividend $54,000
Cr Dividend payable $54,000
November 7
No entry
December 15
Dr Dividend payable $54,000
Cr Cash $54,000
Explanation:
Preparation of the amount journal entries
October 1
Dr Cash $54,000
Cr Dividend payable $54,000
November 7
No entry
December 15
Dr Dividend payable $54,000
Cr Cash $54,000
Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.