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Prepare the required entries on each of these dates

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Question - On October 14, the board of directors of MontyCorp. voted to declare the annual preferred share dividend to shareholders of record on November 1, payable on November 21. The company is authorized to issue100,000, $4.00noncumulative preferred shares;28,000have been issued. Prepare the required entries on each of these dates.

Reference no: EM132503940

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