Stein Corporation has 500,000 authorized shares of $1 par value common stock, of which 400,000 are issued,
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Stein Corporation has 500,000 authorized shares of $1 par value common stock, of which 400,000 are issued, including 40,000 shares of treasury stock. On October 15, the board of directors declared a cash dividend of $.25 per share payable on November 15 to stockholders of record on November 1 . Prepare entries in journal form for each of the three dates.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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