When a company declares a cash or stock dividend, a journal entry is recorded but this does
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Cash and stock dividends are recorded in the general journal because th...View the full answer
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Related Book For 
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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