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The Board of Directors of Grantham Landscaping, LLC has declared a dividend of $2 per share. The total outstanding stock of Grantham Landscaping, LLC is

The Board of Directors of Grantham Landscaping, LLC has declared a dividend of $2 per share. The total outstanding stock of Grantham Landscaping, LLC is 100 shares. Prepare the journal entry for this transaction. (Remember, the dividends have just been declared, not paid)

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