Grouper mining company declared on april 20 a dividend of


Question - Grouper Mining Company declared, on April 20, a dividend of $403,000 payable on June 1. Of this amount, $136,000 is a return of capital.

Prepare the April 20 and June 1 entries for Grouper.

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Accounting Basics: Grouper mining company declared on april 20 a dividend of
Reference No:- TGS02772420

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