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Define the Following Dividend Dates for a Cash Dividend

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Essay

Define the following dividend dates for a cash dividend.For each date,state whether a journal entry should be recorded.In addition,if a journal entry should be record,state the effect on assets,liabilities or equity.
 Term  Definition  Should an entry be  recorded?  If so, what is the effect  on the accounting  equation?  Declaration date  Date of record  Payment date \begin{array} { | l | l | l | l | } \hline \text { Term } & \text { Definition } & \begin{array} { l } \text { Should an entry be } \\\text { recorded? }\end{array} & \begin{array} { l } \text { If so, what is the effect } \\\text { on the accounting } \\\text { equation? }\end{array} \\\hline \text { Declaration date } & & & \\\hline \text { Date of record } & & & \\\hline \text { Payment date } & & & \\\hline\end{array}


Definitions:

Awake State

A state of consciousness where an individual is fully alert, aware, and responsive to their environment.

Body Temperatures

The measure of the warmth or coldness of a human or animal body, typically presented in degrees Celsius or Fahrenheit.

REM Sleep

A stage of sleep characterized by rapid eye movements, where dreaming occurs and brain activity is similar to wakefulness.

Approach Of Morning

Generally refers to the time period leading up to and including sunrise, characterized by increasing light and activity.

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