Answer:
sorry, i just want the points.
Explanation:
A company that makes and sells railway cars looking for a representative and I know this because it is the best fit for his skills
Answer:
Debit : Dividends $50,000
Credit : Cash $50,000
Explanation:
Dividend calculation = 500,000 shares x $1 x 1/10 = $50,000
To record the dividend, the following entry is made :
Debit : Dividends $50,000
Credit : Cash $50,000