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Question 21 10 points A company has 2,000 authorized shares of stock and 1,000 outstanding shares. On March 1, 2020 the board of directors declare

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Question 21 10 points A company has 2,000 authorized shares of stock and 1,000 outstanding shares. On March 1, 2020 the board of directors declare a cash dividend of 51 per share outstanding to be paid on March 30, 2020 What will be the journal entry on March 1, 20202 O No Entry until March 30, 2020 Dividends $1,000 OB Dividend Payable $1,000 Dividends $1,000 oc Cash $1,000 Dividend Expense $1,000 OD. Dividends $1,000

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