Blackeat Company eamed net income of 595,000 during the year ended Decentber 31, 2024 On...
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Blackeat Company eamed net income of 595,000 during the year ended Decentber 31, 2024 On Docomber 15, Blacktea declared the annual cash dividend on its 65. prefefted stoch (par value, 5130,000) and a 50.50 per share cash dividend on its cocnmon stock (48,000 shares). Blacktea then paid the dividends on January 4,2025 Read the requitements Requirements pord debits firet, then credits. Select the explanation on the last line of the 1. Joutnalize for Blacktea the entry declaring the cash dividends on December 15 . 2024 7. Journalize for Blackitea the entry paying the cash dividends on January 4 , 2025
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