Journal entry to record the payment of the dividend, Accounting Basics

+44 141 628 6080
[email protected]

Journal entry to record the payment of the dividend

The board of directors of Benson Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15, 2010. The dividend is to be paid on August 15, 2010, to stockholders of record on July 31, 2010. The effects of the journal entry to record the payment of the dividend on August 15, 2010, are to ??

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Journal entry to record the payment of the dividend

Reference No:- TGS091754

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What will be effect on the company''s total operating income

Brickman's management is considering eliminating the grocery department. Assuming sales in the other departments will not be affected by dropping the grocery department, what will be the effect on the company's total operating income?

Q : The operating system uses lists and queues extensively

The operating system uses lists and queues extensively. One of the most common usages of these structures is to hold in an orderly manner the control blocks that represent the tasks that are in various stages of execution.

Q : The genotypic and phenotypic ratios in progeny generation

Q1-Complete the following cross: b+/b(non-bald female)x b+/b(bald male),what are the genotypic and phenotypic ratios in the progeny generation?

Q : Prepare a direct materials purchases budget for product x.

Browning Inc. production budget for Product X for the year ended December 31 is as follows: Prepare a direct materials purchases budget for Product X.

Q : Journal entry to record the payment of the dividend

Q : What will be the expected profits

Based on your estimates, you are expecting that you will give 108 more lessons than would be necessary to break-even. What will be your expected profits?

Q : Learn about the migration strategies

First national bank's president congratulates you on successfully managing her network's addressing issues. She then shares that she's considering upgrading the bank's network from IPv4 to IPv6. She has heard that IPv6 is the way of the future and mi

Q : Effector procaspases acquire high proteolytic activity

Effector procaspases acquire high proteolytic activity only after they have been cleaved by active initiator caspases. In contrast, purified initiator procaspases can cleave themselves, and this autocatalytic cleavage stimulates their activity only m

Q : Prepare a monthly cash budget for march and april

The treasurer of Unisyms Company has accumulated the following budget information for the first two months of the coming year:

1940449

Questions
Asked

3,689

Active Tutors

1427141

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Journal entry to record the payment of the dividend

Reference No:- TGS091754

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What will be effect on the company''s total operating income

Q : The operating system uses lists and queues extensively

Q : The genotypic and phenotypic ratios in progeny generation

Q : Prepare a direct materials purchases budget for product x.

Q : Journal entry to record the payment of the dividend

Q : What will be the expected profits

Q : Learn about the migration strategies

Q : Effector procaspases acquire high proteolytic activity

Q : Prepare a monthly cash budget for march and april

How sociological models help understand mental illness

Review the real-life cat and mouse chase

Examine gender inequality on a global scale

How coastlines are vulnerable to multiple climate change

Which are forms of media bias

Discussion about idea of the tramp stamp

Statement about political systems controlled by men

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Journal entry to record the payment of the dividend

Reference No:- TGS091754

Recent Questions Asked Accounting Basics

Q : What will be effect on the company''s total operating income

Q : The operating system uses lists and queues extensively

Q : The genotypic and phenotypic ratios in progeny generation

Q : Prepare a direct materials purchases budget for product x.

Q : Journal entry to record the payment of the dividend

Q : What will be the expected profits

Q : Learn about the migration strategies

Q : Effector procaspases acquire high proteolytic activity

Q : Prepare a monthly cash budget for march and april

Asked Questions