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Share Transactions - Cash Dividend S Co. has 60,000 preferred shares that have been issued. S Co. declares a cash dividend of $2 /share on

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Share Transactions - Cash Dividend S Co. has 60,000 preferred shares that have been issued. S Co. declares a cash dividend of $2 /share on November 15 to shareholders of record on December 10. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the cash dividend. KPU Where thought meets action

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