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Other Fields Homework Help Accounting Topic started by: Harrison on Nov 10, 2017



Title: JetNew has the follow share outstanding since their initial share offering:30,000 shares of $2.00 ...
Post by: Harrison on Nov 10, 2017
JetNew has the follow share outstanding since their initial share offering:
30,000 shares of $2.00 cumulative preferred shares
60,000 common shares issued at $10 each
The board of directors has declared the following dividends:
2010   none
2011   $50,000
2012   $80,000
2013   $150,000
2014   $260,000
What would the journal entry have looked like on the date of declaration for each year?


Title: Re: JetNew has the follow share outstanding since their initial share offering:30,000 shares of ...
Post by: msayed2004 on Nov 10, 2017
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