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Gourmet donuts owns 800 shares of coffee express how would

Question - Gourmet Donuts owns 800 shares of Coffee Express. Coffee Express, which has issued 100,000 shares of stock, declares a cash dividend of $0.50 per share to stockholders. How would you record correctly the cash dividends received by Gourmet Donuts?

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Accounting Basics: Gourmet donuts owns 800 shares of coffee express how would

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Accounting Basics: Gourmet donuts owns 800 shares of coffee express how would

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