Business, 12.08.2021 15:50, GachaSkylarUwU

On February 16, Hawthorne Co. declares a $0.48 dividend to be paid on April 5. Hawthorne has 2,140,000 shares of common stock issued and outstanding. The entry recorded by the company on February 16 includes a debit to: Multiple Choice Dividends Payable and a credit to Cash for $1,027,200. Dividends and a credit to Dividends Payable for $1,027,200. Dividends Payable and a credit to Cash for $972,480. Dividends and a credit to Dividends Payable for $972,480

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On February 16, Hawthorne Co. declares a $0.48 dividend to be paid on April 5. Hawthorne has 2,140,0...