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Problem #3 (9 Points): The following selected transactions took place during the current year for...

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Accounting

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Problem #3 (9 Points): The following selected transactions took place during the current year for a company: March 25 Declared a $2 per share cash dividend on 20,000 shares of common stock outstanding Date of record for the dividends declared on March 25. Paid the cash dividends declared on March 25. April 5 April 20 Prepare the journal entries to record these transactions

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