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Divine Apparel has 2,800 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to stockholders of record on

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Divine Apparel has 2,800 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends

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