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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
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?
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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msayed2004msayed2004
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6 years ago
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Harrison Author
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6 years ago
Thanks
choih94
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Yesterday
Smart ... Thanks!
DaiwalkerX
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2 hours ago
Just got PERFECT on my quiz
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