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    smc123's Avatar
    smc123 Posts: 12, Reputation: 2
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    #1

    Jan 5, 2010, 04:38 PM
    Accounting Journal Entry
    Can someone help me with this entry.

    Declared semiannual dividends of $.30 on the common shares to shareholders of record on October 25m, payable on November 15.
    smc123's Avatar
    smc123 Posts: 12, Reputation: 2
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    #2

    Jan 5, 2010, 06:26 PM

    Can someone help me with this entry.

    Issued 70,000 of 100,000 authorized common shares at 30$ per Share(par value=$5.00)


    Declared semiannual dividends of $.25 on the common shares to shareholders of record
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Jan 8, 2010, 12:53 AM

    First, please go review the guidelines for posting homework problems:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    This also means when you answer posts, you shouldn't be just giving away all the entry answers like you just did for someone. Homework is the responsibility of the student - we're here to help them understand it, check work, etc. not just do it for them. It's not that kind of site.

    Second, stop posting this same question over and over. I think I've seen it four times now. All that does is confuse everyone. You also have to be patient and wait until someone can come along to help you. You can't expect people to be on there 24/7 to make sure they catch every single person's latest post and answer it. You've answered some questions - do you feel obligated to give up your life and constantly hang out to make sure every question gets answered within a specific time frame? I doubt it.
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