Prepare the journal entries needed to record the following transactions: a. Love Company issues 1,500...
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Accounting
Prepare the journal entries needed to record the following transactions: a. Love Company issues 1,500 shares of $6 par common stock for $75,000. b. The important dates in connection with a cash dividend of $36,000 on a corporation's common stock are July 6, August 30 and September 12. Journalize the entry required on the date of declaration.
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