Genius

dividend is payable to shareholders of record

dividend is payable to shareholders of record 



On November 27, the board of directors of Armstrong Company declared a $.60 per share dividend.  The dividend is payable to shareholders of record on December 7 on December 24. Armstrong has 25,500 shares of $1 par common stock outstanding at November 27. Journalize the entries needed on the declaration and payment dates.





Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
Answered
Other / Other
22 Mar 2016

Answers (1)

  1. Genius

    dividend is payable to shareholders of record

    dividend is payable to shareholders o ****** ******
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      58257596.docx

Report As Dispute

Share Your Feedback

Give Review : A+ A B C D F