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(Solved): The declaration, record, and payment dates in connection with a cash dividend of \( \$ 195,000 \) ...



The declaration, record, and payment dates in connection with a cash dividend of \( \$ 195,000 \) on a corporations common s

The declaration, record, and payment dates in connection with a cash dividend of \( \$ 195,000 \) on a corporation's common stock are February 1 , March 18 , and May 1. Journalize the entries required on each date. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.


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Entries for cash dividends: On February 1, the Company declares cash dividend of $195,000 on its common stock On March 18, the Company records the dec
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