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Business, 30.03.2020 21:25 cxxcee

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24,000 shares authorized, 11,400 shares issued, and 9,600 shares of common stock outstanding. The journal entry to record the dividend declaration is:

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Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24...
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