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On March 14th, a company declares a dividend of \$500,000. What is the journal entry recorded on this date?
A company declares a total dividend of \$30,000, but preferred shareholders are due \$40,000. What are the implications for both preferred and common shareholders?
In a scenario where a company has both common and preferred stock, how does the dividend preference impact the distribution of dividends?
Which date is used to determine the shareholders eligible to receive dividends?
How does the dividend preference of preferred stock affect the distribution of dividends between common and preferred shareholders?
Why is the declaration date significant in the dividend process?
A company declares a total dividend of \$250,000. Preferred shareholders are due \$70,000. How much do common shareholders receive?
On April 11th, a company pays a dividend of \$300,000. What is the journal entry recorded on this date?
A company declares a total dividend of \$150,000. Preferred shareholders are due \$50,000. How much do common shareholders receive?
A company declares a total dividend of \$20,000, but preferred shareholders are due \$25,000. What are the implications for both preferred and common shareholders?