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2. (10 points) Bonneau Corporation declares a cash dividend of $100,000 on July 1 for any shareholder on record on July 15. The dividend

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2. (10 points) Bonneau Corporation declares a cash dividend of $100,000 on July 1 for any shareholder on record on July 15. The dividend will be paid on July 31. Journalize the entries required on each date. Date Debit Credit

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