On January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 per share dividend to be paid to stockholders of record on May 4.
On January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board
declared a $.30 per share dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15. Use this information to prepare the General Journal entries ( without explanation) for April 15, & May 15. If no entry is required the write “No entry required”
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