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On June 15, 2011, the board of directors of Grand Corporation declared a cash dividend payable July 8, 2011 of $1.80 per share on the
On June 15, 2011, the board of directors of Grand Corporation declared a cash dividend payable July 8, 2011 of $1.80 per share on the 85000 common shares outstanding. The accounting period ends June 30. How will this be reflected on the balance sheet at June 30, 2011
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