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Wool ford inc declared a cash dividend of 100 per share on

1. Wool ford Inc. declared a cash dividend of $1.00 per share on its 2 million outstanding shares. The dividend was declared on August 1, payable on September 9 to all stockholders of record on August 15. Prepare all journal entries necessary on those three dates.

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Accounting Basics: Wool ford inc declared a cash dividend of 100 per share on

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Accounting Basics: Wool ford inc declared a cash dividend of 100 per share on

Reference No:- TGS01484545

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