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6. On December 14,2018, Dobbs Company declared a $1.50 per share dividend on common stock. At the time of the dividend Dobbs had issued 145,000

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6. On December 14,2018, Dobbs Company declared a $1.50 per share dividend on common stock. At the time of the dividend Dobbs had issued 145,000 shares of common stock and currently holds 15,000 shares as treasury stock. Prepare any hournal entry necessary on December 14 to record the declaration of the dividend

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