DECLARATION OF CASH DIVIDEND A corporation declared a cash dividend of $50,000 on December 31, 2009. Required:
Question:
DECLARATION OF CASH DIVIDEND A corporation declared a cash dividend of $50,000 on December 31, 2009.
Required:
What is the appropriate journal entry to record this declaration?
Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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