Divine Apparel has 3, 100 shares of common stock outstanding. On October 1, the company declares a $0.75 per hsare dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.)Show transcribed image text Divine Apparel has 3, 100 shares of common stock outstanding. On October 1, the company declares a $0.75 per hsare dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.)
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