Prepare all journal entries necessary on those three dates

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1. Wool ford Inc. declared a cash dividend of $1.00 per share on its 2 million outstanding shares. The dividend was declared on August 1, payable on September 9 to all stockholders of record on August 15. Prepare all journal entries necessary on those three dates. 

Reference no: EM131106549

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Prepare all journal entries necessary on those three dates : Wool ford Inc. declared a cash dividend of $1.00 per share on its 2 million outstanding shares.
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