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Declared a quarterly dividend of 050 per share on common

Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. on the date of record 100,000 shares of common stock were outstanding no treasury shares were held and 20,000 shares of preferred stock were outstanding journalize two entries?

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Business Management: Declared a quarterly dividend of 050 per share on common

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Business Management: Declared a quarterly dividend of 050 per share on common

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