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On June 1 company A announced cash dividends of 20 cent per share to all common stock outstanding, payable on June 30. The ex-dividend date

On June 1 company A announced cash dividends of 20 cent per share to all common stock outstanding, payable on June 30. The ex-dividend date is June 15 and the record date is June 18.

Show the journal entry based on the transaction.

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