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cathyalfred
Apr 25, 2009, 10:26 PM
the board of directors met and resolved to recommend a 7.5% divident to shareholders for the financial year endinga 31 december 2008. all shares issued as of this date were to qualify for payment of divident.

value of shares issued by the 31 of december were 17.966m.

how to carry out the calculation and its journal entries.