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Take me to the text a) On February 1, 2018 Jonus Enterprises declared a dividend of $4,400 to common stockholders on record on February 4,

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Take me to the text a) On February 1, 2018 Jonus Enterprises declared a dividend of $4,400 to common stockholders on record on February 4, 2018. Record the journal entry associated with this transaction. The company uses the retained earnings method to record dividends. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit Feb 1 Record dividend payable b) Record the journal entry when Jonus Enterprises pays out the dividend on March 15, 2018. Date Account Title and Explanation Debit Credit Mar 15 Record payment of dividends declared on Feb 1

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