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The dates of importance in connection with a cash dividend of $75,000 on a corporation's common stock are January 15, February 15, and March 15.
The dates of importance in connection with a cash dividend of $75,000 on a corporation's common stock are January 15, February 15, and March 15. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Jan. 15 - Cash Cash Dividends Feb. 15 Cash Dividends Payable Common Stock No Entry Required Mar. 15
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