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Honda, the Japanese automobile company, declared and paid cash dividends in fiscal 2011 of 51 per share on 1,807.3 million shares. The declaration preceded the

Honda, the Japanese automobile company, declared and paid cash dividends in fiscal 2011 of 51 per share on 1,807.3 million shares. The declaration preceded the payment by 1 month. Prepare the journal entries relating to the declaration and payment of fiscal 2011 dividends by Honda

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