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  1. business
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  3. total par value of $130,000) and a $0.45 per share

total par value of $130,000) and a $0.45 per share cash dividend on its common...

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Accounting

total par value of $130,000) and a $0.45 per share cash dividend on its common stock (65,000 shares with total par value of $650,000). Glenwood then paid the dividends on January 4,2022.
Read the requirements. to record the dividends.)
Journal Entry
\table[[Date,Accounts,Debit],[2021,,],[Dec,15 Cash,]]
b. Journalize for Glenwood Corporation the payment of the cash dividends on January 4,2022.
Journal Entry
(1) Time Remaining: 00:35:49
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