Blue Inc. declared a cash dividend of $1.05 per share on its 2 million outstanding...
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Blue Inc. declared a cash dividend of $1.05 per share on its 2 million outstanding shares. The dividend was declared on August 1 , payable on September 9 to all shareholders of record on August 15. Prepare all journal entries necessary on those three dates. (Credit account titles are automatically indented when amount is entered. Do no indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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Blue Inc. declared a cash dividend of $1.05 per share on its 2 million outstanding shares. The dividend was declared on August 1 , payable on September 9 to all shareholders of record on August 15. Prepare all journal entries necessary on those three dates. (Credit account titles are automatically indented when amount is entered. Do no indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 