What is the amount of cash dividend paid

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Reference no: EM131030323

If the beginning balance of Dividend Payable at Nov 30 is 200 what is the amount of cash dividend paid in December.

Of the cash dividends paid, how much related to the current period?

ADJ Trail Balance Dec

Account

Debit

Credit

Cash

$8,500

$7,000

Accounts Receivable

7000

6,600

Prepaid Advertising

1000

Accounts Payable

4000

5000

Interest Payable

Note Payable

500

3900

Dividend Payable

500

800

Common Stock

1200

Paid in Capital in Excess Par

2000

Dividend Declared

700

Reference no: EM131030323

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