The board of directors of Wildhorse Co. declared a cash dividand of $2 per shara...
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Accounting
The board of directors of Wildhorse Co. declared a cash dividand of $2 per shara on 46000 shares of common stock on July 15, 2017. The dividand is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The corract entry to be recorded on July 15, 2017, ll include a O credit to Cash Dividends. debit to Dividends Payable O debit to Cash Dividends. to Cash Dividends O credit to Cash
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