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1. On August 1st, Hydrangea Corporation declared a 2% stock dividend. 500,000 shares of common stock par ($1) will be distributed on October 1st. The

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1. On August 1st, Hydrangea Corporation declared a 2% stock dividend. 500,000 shares of common stock par ($1) will be distributed on October 1st. The record date is September 1st. The market value is $30 per share. Prepare the appropriate journal entries

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