On September 1, 2022, Margo Corporation had 58,000 shares of stock outstanding. The next day, Margo...
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On September 1, 2022, Margo Corporation had 58,000 shares of stock outstanding. The next day, Margo Corporation declared a 100% common stock dividend when the market price of its $4 par value common stock was $121 per share. What is the related journal entry for this stock dividend? Account No Journal Entry Required Debit Credit On September 1, 2022, Margo Corporation had 58,000 shares of stock outstanding. The next day, Margo Corporation declared a 100% common stock dividend when the market price of its $4 par value common stock was $121 per share. What is the related journal entry for this stock dividend? Account No Journal Entry Required Debit Credit
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