What the correct entry to be recorded on july

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Problem 1: The board of directors of Novak Corp. declared a cash dividend of $2 per share on 44500 shares of common stock on July 15, 2017. The dividend is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The correct entry to be recorded on July 15, 2017, will include a

Reference no: EM132940092

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