Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal entry to record the dividend payment is:

Answer and Explanation:

The journal entry to record the dividend payment is shown below:

Common Dividends payable  $4,000 (8,000 shares outstanding × $ 0.50 cash dividend)

     To Cash for $4,000

(being the dividend payment is recordeD)

For recording this we debited the common dividend payable as it decreased the liabilities and credited the cash as it also decreased the assets

there is no possible way mgk stands a chance with the greatest white rapper of all time. eminem killshots had more bars than rap devil and the reason mgk is doing all this is cause he not getting attention anymore til the release of rap devil and the disses he is putting on eminem. now rap devil was more fire than killshot so mgk might won the battle with rap devil but eminem won the war with killshot.

what is wrong with black soap shampoo?

explanation: