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On July 1, 2017 Victory Sign Company, Inc. declared a dividend of $65,000 to be paid to stockholders on August, 31, 2017. Record the required

On July 1, 2017 Victory Sign Company, Inc. declared a dividend of $65,000 to be paid to stockholders on August, 31, 2017. Record the required transaction at the declaration date below: Date Account Description Debit Credit July 1

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