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During the year, the company declared $2,407,167 of dividends on its common shares, They paid $2,403,458 during the fiscal year. The difference will be paid
- During the year, the company declared $2,407,167 of dividends on its common shares, They paid $2,403,458 during the fiscal year. The difference will be paid in the following fiscal year.
How would I record this in a journal entry? How would I record this in the ledger? Do I record the debit as a negative in the ledger? Can you upload the answer in Excel?
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College Accounting Ch 1-12
Authors: Dansby
5th Edition
0763834955, 978-0763834951
