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What the correct entry to be recorded on august

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Question - On July 15, 2022, the board of directors of Coronado Limited declared a cash dividend of $0.50 per share on 90000 common shares. The dividend is to be paid on August 15, 2022, to shareholders of record on July 31, 2022. What the correct entry to be recorded on August 15, 2022?

Reference no: EM132801690

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