Business, 10.03.2020 03:34 ralgjl

Kingbird Corporation has 12.00 million shares of common stock issued and outstanding. On June 1, the board of directors voted an 83 cents per share cash dividend to stockholders of record as of June 14, payable June 30. Prepare the journal entries for each of the dates above assuming the the dividend represents a distribution of earnings.

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Kingbird Corporation has 12.00 million shares of common stock issued and outstanding. On June 1, the...

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