on 6/30 racine declare and paid a 60,000 in dividen on 12/31 racine report net i

Question

on 6/30 racine declare and paid a 60,000 in dividen on 12/31 racine report net income of 122.00 for the year of 12/31.the marker rate price of racine fashion was 15 dollar share/the stock is classify as non trading/ i need to prepare the recieving journal enrty for 2014 for chico cosemtic.b. also for frank inc 2014/i need to set up and prepare a journal 3/18 dr sise and credit side/ june 30 debit side and credit side 12/31 debt side and credit side/ 1/1 debit side and credit side/6/15 set up debit side and creit side/ 12/31 set up debit side and credit side/can yo assit me and setup a account title debit side and credit side for these transcation please dumb jac

Explanation / Answer

pLEASE POST CLEARLY...uSING TABLES OR FIGURES !! NOT CLEAR SORRY i WILL HELP U DEAR !! :)

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