On September 1, 2020, Fox Corporation declared a cash dividend of ($ 1) per share on its

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On September 1, 2020, Fox Corporation declared a cash dividend of \(\$ 1\) per share on its 800,000 outstanding shares of common stock (\$1 par). The dividend is payable on October 15, 2020, to stockholders of record on October 1,2020 . Provide all journal entries directly related to this dividend.

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Intermediate Accounting Volume 2

ISBN: 9781618533135

2nd Edition

Authors: Hanlon, Hodder, Nelson, Roulstone, Dragoo

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