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2. Bindra had 200,000 shares (Par $10 outstanding at the beginning of 2020. During 2020, A cash dividend of $0.50 per share was declared and
2. Bindra had 200,000 shares (Par $10 outstanding at the beginning of 2020. During 2020, A cash dividend of $0.50 per share was declared and paid, and 5% share dividend was declared and distributed when the market price per share was 15 per share. Journalize the dividend transactions. (4%)
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