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The declaration date, date of record, and payment date of a cash dividend of $500,000 on a corporations common stock are March 1, April 15,
The declaration date, date of record, and payment date of a cash dividend of $500,000 on a corporations common stock are March 1, April 15, and May 15. Journalize the entries required for this cash dividend making sure that you date your journal entries. (There is no journal entry on April 15)
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