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On May 1, Year 1, Love Corporation declared a $47,700 cash dividend to be paid on May 31 to shareholders of record on May 15
On May 1, Year 1, Love Corporation declared a $47,700 cash dividend to be paid on May 31 to shareholders of record on May 15 Required a. Record the events occurring on Moy 1, May 15, and May 31 in a horizontal statements modet. b. Prepare journal entries for all events associated with the dividend. Complete this question by entering your answers in the tabs below. Record the events occurring on May 1, May 15, and May 31 in a' horizontal statements model, (in the Statement of Cash Fiows column, indicate whit her the item is an op (OA), investing activify (W), or financing activity (FA). Leave blank to indicato that an element was not affected by the event. Enter amounts to be deducted and cash out
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