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Posted on May 13, 2024

Fetzer Company declared a $ 0 . 1 0 per share cash dividend. The company has 3 0 0 , 0 0 0 shares authorized,

Fetzer Company declared a $

0.10

per share cash dividend. The company has

300, 000

shares authorized,

285, 000

shares issued, and

12, 000

shares in treasury stock. The journal entry to record the dividend declaration is?

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