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On November 1, 2017, Roosevelt, Inc. declared a dividend of $3.00 per share. Roosevelt, Inc. has 20,000 shares of common stock outstanding and no preferred
On November 1, 2017, Roosevelt, Inc. declared a dividend of $3.00 per share. Roosevelt, Inc. has 20,000 shares of common stock outstanding and no preferred stock. Prepare the journal entry to record this transaction.
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