0 Comments
Answer:
The answer is given below;
Step-by-step explanation:
For Dividend
Dividend Expense (10.3*5*6%) Dr. $3.090 Million
Bank Cr.$3.090 Million
For fractional Shares,
Capital 100,000*32.3 Dr.$ 3,230,000
Cash Cr.$ 3,230,000
9.4m questions
12.2m answers