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Journalize- Declared a 2% stock divided on common stock and a $1.80 cash dividend per share on preferred stock. On the date of record, 120,000 shares of common stock had been issued, 9,500 shares of treasury stock were held, and 22,500 shares of preferred stock had been issued.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M968460

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