The declaration, record, and payment dates in connection with a cash dividend of $33,000 on a corporation's common stock are February 1, March 18, and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Feb. 1 Mar. 18 May. 1
1 When any company declare cash dividend then dividend payable entry should be recorded on the date of declaration out of retained earning.
2.no entry should be passes on date or record.
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