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On August 1 , Tallow Corporation declared a $ 0 . 5 0 per share cash dividend on its common stock shares ) for stockholders
On August Tallow Corporation declared a $ per share cash dividend on its common stock
shares for stockholders on record as of August Tallow Corporation paid the dividend on
August Journalize the entries declaring the cash dividend and paying the dividend. Record
debits first, then credits. Select the explanation on the last line of the journal entry table.
Journalize the entry declaring the cash dividend.
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