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On January 1 Weiss corporation had 60, 000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per

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On January 1 Weiss corporation had 60, 000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following transactions occurred: (a) Prepare the entries, if any, on each of the three dates that involved dividends. (b) How are dividends and dividends payable reported in the financial statements prepared at December 31

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