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greenwood corporation has 80,000 shares of common stock outstanding . it declares at $1 per share cash dividend on november 1 to stockholders of record

greenwood corporation has 80,000 shares of common stock outstanding . it declares at $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 appropriate dates to record the declaration and payment of the cash dividend .

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