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  3. on may 1. year 1, love corporation declared a $46,

On May 1. Year 1, Love Corporation declared a $46,500 cash dividend to be paid...

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Accounting

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On May 1. Year 1, Love Corporation declared a $46,500 cash dividend to be paid on May 31 to shareholders of record on May 15. Required o. Record the events occurring on May 1, May 15, and May 31 in a horizontal statements model. b. Prepare journal entries for all events associated with the dividend. Complete this question by entering your answers in the tabs below. Record the events occurring on May 1, May 15, and May 31 in a horizontal statements model. (In the Statement of Cash Flowis column, Indica (OA), investing activity (IA), or financing activity (FA), Leave blank to indicate that an element was not affected by the event. Enter amounts I minus sign.)

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