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Business, 24.04.2020 17:50 qudoniselmore0

Novak Corp. has 8,100 shares of common stock outstanding. It declares a $5 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend.

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Novak Corp. has 8,100 shares of common stock outstanding. It declares a $5 per share cash dividend o...
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