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CALCULATOR PRINTER VERSION NEXT Brief Exercise 14-01 Sheffield Corporation has 74,000 shares of common stock outstanding. It declares a $1 per share cash dividend on

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CALCULATOR PRINTER VERSION NEXT Brief Exercise 14-01 Sheffield Corporation has 74,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31 Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries in the order isented in the problem. Credit decount titles are automatically Indented when amount is entered. Do not Indarinainually. If no antry An d select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation By accessing this Question Assistance, you will learn while you can points based on the Point Potential policy set by your instructor Question Attempts: 0 of 4 used SAVE FOR LATER 9:44 AM A DOO WAPLUS Googl. 1

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