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QUESTION
On October 14 the board of directors of Bob's Trucking service voted to declare the annual perfered share divedend to the shareholders of record...
On October 14 the board of directors of Bob's Trucking service voted to declare the annual perfered share divedend to the shareholders of record November 1, payable November 5. The company is authorized to issue 100 000, $5.25 noncumulative preferred shares: 25000 have been issued. I need help with preparing the required entries on each of these dates?
