Concord Corporation has 6,300 shares of common stock outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend.
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Concord Corporation has 6,300 shares of common stock outstanding. It declares a $2 per share cash di...
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