Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following journal entry was found in the accou

The following journal entry was found in the accounting records of the Sullivan Corp.: Retained...

50.1K

Verified Solution

Question

Accounting

The following journal entry was found in the accounting records of the Sullivan Corp.:

Retained Earnings 10,000

Dividends payable 10,000

On what date would the entry have been made?

a. Date of declaration.

b. Date of record.

c. Ex-dividend date.

d. Date of payment.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple...

Finance
Q

If a gas is flowing at 300m/s and has a pressure and temperature of 90kPa and 20°C,...

Mechanical Engineering
Q

Select the correct answer.What is the general form of the equation of a circle with...

Geometry
Q

Click the icon to view the accounts and balances Determine the gross profit percentage for...

Basic Math
Q

19 Distance between Two Docks Two docks are located on an east west line 2587...

Basic Math
Q

Record Examination GRE allowed nurses to measure their pulse rate heart rate just prior to...

Statistics
Q

Express the confidence interval 34 4 5 in the form of a trilinear inequality p

Statistics
Q

A company manufactures a variety of camp stoves at different locations The total cost C...

Calculus
Q

SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the companys...

Accounting
Q

Question 19 Marquis Company estimates that annual manufacturing overhead costs will be $884,000. Estimated annual...

Accounting
Q

Silven Industries, which manufactures and sells a highly successful line of summer lotions and insect...

Accounting
Q

Can you prepare the molding department production cost report using the weighted average method pleass

Accounting