The Estrella Corporation has 80,000 common shares outstanding. If they declare a cash dividend of $ 1.00 per share on November 1st for their shareholders who are registered on the 1st. from December. The dividend is paid on December 31st.
Prepare the records with their corresponding dates for the declaration and payment of cash dividends.
Determine how much the dividend is paid to your common shareholders.
You must record each and every transaction.
Write with the results of your calculations in a 2-page writing in MS Word and using the writing rules of APA 6.0