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Preparing Dividend Entries On September 1, 2020, Fox Corporation declared a cash dividend of $1 per share on its 1,600,000 outstanding shares of common stock
Preparing Dividend Entries On September 1, 2020, Fox Corporation declared a cash dividend of $1 per share on its 1,600,000 outstanding shares of common stock ($1 par). The dividend is payable on October 15, 2020, to stockholders of record on October 1, 2020. Provide all journal entries directly related to this dividend. Note: If a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero). Date Account Name Dr. Cr. Sept. 1, 2020 Oct. 1, 2020 . Oct. 15, 2020 . Check
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