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Aylmer follows IFRS On December 31, 2021 the company declared a dividend of $0.23 per share for common shares outstanding and $1.25 per share on

Aylmer follows IFRS

On December 31, 2021 the company declared a dividend of $0.23 per share for common shares outstanding and $1.25 per share on preferred shares. The dividends will be paid in January 2022.

There were no dividends declared in 2020.

Required: Post any journal entries required for the year end, 2021

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