Business, 08.04.2020 04:19, whrjegt4jrnfdvj

On November 1, the board of directors of Castle Industries declares a cash dividend of $1 per share on its 1 million shares, payable to shareholders of record November 15, to be paid December 1. The ex-dividend date is two days before the date of record. On which of the following dates will journal entries be recorded?

A. November 1
B. November 13
C. November 15
D. December 1

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On November 1, the board of directors of Castle Industries declares a cash dividend of $1 per share...