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Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The...

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Accounting

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Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The journal entry to record the sale is: DR Cash $215.6m CR [Select] D Question 3 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. September 18th, 2019 is the: [Select] November 21st, 2019 is the: [Select] (Select] Date of Record December 12, 2019 is the: Date of Payment Date of Declaration

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