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Ehrlich Company had 120,000 shares of $5 par common stock issuedand outstanding on 1/1/23. Journalize the following transactions:On June 1, the board of directors declared

Ehrlich Company had 120,000 shares of $5 par common stock issuedand outstanding on 1/1/23. Journalize the following transactions:On June 1, the board of directors declared a cash dividend of $2per 1 answer

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