From the following information Prepare journal entries to record the issue of shares, declaration and payment of dividend
on June 1, 2014. Jaguar & Co issued 50,000 shares of $10 each.
The corporation has 500,000 shares outstanding. on January 1, 2015.
on Jan 1, 2015 The company declared $1 per share cash dividend to stockholders .
January 10 is the date of record.
On January 20, is the date of payment of dividend?