General journal entry to record the dividend declaration, Accounting Basics

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General journal entry to record the dividend declaration

Assume Garrison Guitar Company declared a $0.28 per share cash dividend and that the company has 25,000 shares authorized, 19,000 shares issued and 12,000 shares of common stock outstanding. The general journal entry to record the dividend declaration is??

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Accounting Basics: General journal entry to record the dividend declaration

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Accounting Basics: General journal entry to record the dividend declaration

Reference No:- TGS067259

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Remainder of the loan

Q : Existence of government-granted monopolies

Q : Calculate the equivalent units for materials

Q : Approach to quality more closely aligned with tqm or roq

Q : General journal entry to record the dividend declaration

Q : Problem on shares and stock

Q : Complete journal entry to be made by que

Q : Amount of interest charged to expense

Q : Computer software costs

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: General journal entry to record the dividend declaration

Reference No:- TGS067259

Recent Questions Asked Accounting Basics

Q : Remainder of the loan

Q : Existence of government-granted monopolies

Q : Calculate the equivalent units for materials

Q : Approach to quality more closely aligned with tqm or roq

Q : General journal entry to record the dividend declaration

Q : Problem on shares and stock

Q : Complete journal entry to be made by que

Q : Amount of interest charged to expense

Q : Computer software costs

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