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What is the correct journal entry on august

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Reference no: EM132994660

Problem 1: The directors declared the payment of a dividend of 103,400,000 on 28 August 2020. What is the correct journal entry on 28 August 2020? If the payment was finally made on 20 Dec 2020, what is the correct journal entry on 20 Dec 2020?

Reference no: EM132994660

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