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8. Englee Fishing Company Ltd. has 335000 common shares outstanding. On April 1, 20-, the board of directors of the company declared a dividend of
8. Englee Fishing Company Ltd. has 335000 common shares outstanding. On April 1, 20-, the board of directors of the company declared a dividend of 15 cents a share to be paid on May 15,20 -, to the shareholders of record on May 1,20-. A. Calculate the total dividend to be paid. B. Prepare all the required journal entries. Omit explanations
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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
3rd Edition
0470518715, 978-0470518717
