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Multiple Choice Question 129 The board of directors of Sheridan Company declared a cash dividend of $1 per share on 35000 shares of common stock
Multiple Choice Question 129 The board of directors of Sheridan Company declared a cash dividend of $1 per share on 35000 shares of common stock on July 15, 2017. The dividend is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The correct entry to be recorded on July 15, 2017, wll include a ahe corect entry to be recored ou O credit to Cash Dividends. debit to Dividends Payable. credit to Cash O debit to Cash Dividends
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