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poration has 75,000 shares of common stock outstanding. It declares a $2,1 per share, cash dividend on Nov , to stockholders, of record on December

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poration has 75,000 shares of common stock outstanding. It declares a $2,1 per share, cash dividend on Nov , to stockholders, of record on December 1. The dividend is paid on December 31 A Prepare the entries, on the appropriate dates to record the declaration and payment of the cash dividends

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