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On 3/1/22 Reacher Corp. purchased 1,000 shares of Margrove, Inc., representing a 2% ...

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Accounting

On 3/1/22 Reacher Corp. purchased 1,000 shares of Margrove, Inc., representing a 2%
interest in the company. On 9/15/22, Margrove issued total dividends (to all
shareholders) totaling $500,000. What journal entry (if any) should Reacher Corp. record
on 915?22?
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