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15. (3 points). Gloria has 600,000 shares of $1 par value common stock outstanding. The following transactions occurred during the year - prepare the entry

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15. (3 points). Gloria has 600,000 shares of $1 par value common stock outstanding. The following transactions occurred during the year - prepare the entry for each transaction: 1. During April, Gloria declared a 5% stock dividend when the market price of the stock was $24 per share. . During May, Gloria distributed the stock dividend. c. During June, Gloria declared a 50.50 per share cash dividend. d. During July, Gloria paid the cash dividend

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