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On June 1, 2020, Rose Corporation declares a $2.50 dividend on its outstanding shares. The dividend will be paid on June 30, to shareholders of

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On June 1, 2020, Rose Corporation declares a $2.50 dividend on its outstanding shares. The dividend will be paid on June 30, to shareholders of record on June 21st. On June 1, 2020, Rose had 175,000 shares of common stock issued and outstanding. The entry recorded by Rose on June 1 will include: Multiple Choice Adebit to Retained Ennings for $437.500, and a credo Olvidendi Payable of $137.500 Abito Retained Earnings of $427,500 words to Cuth of 437.500 Ades Didenda Payable of $422.500 R Common Scho 5432.500 Addon din Cato 200 and he

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