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On February 5, 2018, Quick Rental Corporation's board of directors declared a dividend of 50 25, to be paid on March 18,
Posted: Tue Nov 16, 2021 9:19 am
by answerhappygod
- On February 5 2018 Quick Rental Corporation S Board Of Directors Declared A Dividend Of 50 25 To Be Paid On March 18 1 (35.21 KiB) Viewed 47 times
On February 5, 2018, Quick Rental Corporation's board of directors declared a dividend of 50 25, to be paid on March 18, 2018, to the shareholders of record as of the close of business on March 9, 2018 Quick has 2.500.000 shares of 50.01 par-value common stock authorized with 1,700,000 shares issued and outstanding The
company has no preferred stock. Record the declaration of the dividend and the payment of the dividend Include the proper dates with each journal entry (Record debits first, then credits Exclude explanations from any journal entries.) a Record the Journal entry for the declaration of the dividend. Be sure to select the proper date for the entry Journal Entry Date Accounts Debit Credit 2018