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On March 1, Parkland Corporation declared a $0.50 per share cash dividend on its common stock (18,000 shares) for stockholders on record as of March

On March 1, Parkland Corporation declared a $0.50 per share cash dividend on its common stock (18,000 shares) for stockholders on record as of March 15. Parkland paid the dividend on March 31. Journalize the entries declaring the cash dividend and paying the dividend

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