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5 years ago
On November 1, 2017, Roosevelt, Inc. declared a dividend of $3.00 per share. Roosevelt, Inc. has 20,000 shares of common stock outstanding and no preferred stock. Prepare the journal entry to record this transaction.
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Horngren's Accounting

Horngren's Accounting


Edition: 11th
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5 years ago
 
Cash Dividends60,000
        Dividends PayableCommon60,000
Vvv Author
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5 years ago
Genius!!!!!!
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