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(12 points) Tencent has 12,000 shares of common stock outstanding. It declares a $0.75 per share cash dividend on November 1 to stockholders of record

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(12 points) Tencent has 12,000 shares of common stock outstanding. It declares a $0.75 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the journal entries on the appropriate dates to record the declaration and payment of the dividend 5

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