Current Attempt in Progress
On April Novak Ltd declared a per share cash dividend, payable on May to shareholders of record on May On the
date of declaration, Novak Ltd had common shares outstanding. On May the company issued an additional
common shares for $ each. On May the dividend was paid. On December Novak Ltd declared a per share cash
dividend, payable on January to shareholders of record on January
Prepare all the required journal entries to record these transactions. Credit account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries
before credit entries. Record journal entries in the order presented in the problem.
Date
Account Titles
Debit
Credit
