Business, 31.05.2021 17:50 kristieroth1

The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 20,000 shares issued, and 3,200 shares held as treasury stock. What is the entry for the dividend declaration?

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The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par commo...

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