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Wolford Corp dedared a cash dividend of 1.00 per share on its 2 million shares outstanding The dividend was dedared on August 1, payable on

Wolford Corp dedared a cash dividend of 1.00 per share on its 2 million shares outstanding The dividend was dedared on August 1, payable on Sept 9 to all stockholders of record on August 15Prepare the journal entries necessary on those threedates

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