Reference no: EM132935022
Question - The stockholders' equity section of Johnson Corporation at December 31, 2020, included the following:
Common stock, $10 par value, 250,000 shares authorized, 150,000 shares issued and 100,000 shares outstanding $1,500,000
On March 1, 2021, the board of directors declared a $1.20 per share dividend, payable March 31, 2021, to stockholders of record on March 15, 2021.
What would the entries for the declaration, record, and payment dates look like?
List your company and its ticker symbol
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