Business, 13.07.2020 17:01, jason9394

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal entry to record the dividend payment is:

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Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20...