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  3. a company received dividends of $0.35 per share on

A company received dividends of $0.35 per share on 309 shares of stock it holds...

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Accounting

A company received dividends of $0.35 per share on 309 shares of stock it holds as an investment. The journal entry to record this transaction would be to debit cash forv $105 and credit dividend revenue for $105.

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