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Title: On November 1, 2017, President, Inc. declared a dividend of $3.00 per share. President, Inc. has ... Post by: jj88888nb on Jul 26, 2018 On November 1, 2017, President, Inc. declared a dividend of $3.00 per share. President, Inc. has 10,000 shares of common stock outstanding and 20,000 of preferred stock. The date of record is November 15, and the payment date is November 30, 2017. Regarding the date of record, which of the following statements is true?
A) No journal entry is made on the date of record. B) The liability must be recorded on the date of record. C) Cash is disbursed to shareholders on the date of record. D) The company transfers cash to a brokerage firm on the date of record. Title: On November 1, 2017, President, Inc. declared a dividend of $3.00 per share. President, Inc. has ... Post by: amandamraz on Jul 26, 2018 Content hidden
Title: On November 1, 2017, President, Inc. declared a dividend of $3.00 per share. President, Inc. has ... Post by: jj88888nb on Jul 26, 2018 Thank you for helping me with my quiz
Title: On November 1, 2017, President, Inc. declared a dividend of $3.00 per share. President, Inc. has ... Post by: amandamraz on Jul 26, 2018 :okay:
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