Journalize the entries by abbott corporation to, Accounting Basics

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Journalize the entries by abbott corporation to

Journalize the entries by Abbott Corporation to record the following information:
Costello Corporation reports net income of $2,550,000 for the current period.
A cash dividend of $1.30 per common share is paid by Costello Corporation during the current period.

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Accounting Basics: Journalize the entries by abbott corporation to

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