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lmetry
Nov 2, 2008, 09:45 PM
I am trying to figure out how to place the correct info into a journal entry:

ABC Company decided to pay out a cash dividend of $1 per share on its 800,000 outstanding shares of common stock On Sept. 15th. The dividend is payable on October 12 to the stockholders of record on September 30. Give the journal entries necessary on September 15, September 30, and October 12 20XX.

Any help? I have a whole assignement filled with similar questions! Thank you!