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A company has 100,000 shares of $1 par value stock outstanding and declared a 10% stock dividend, when the stock was selling for $5 per

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A company has 100,000 shares of $1 par value stock outstanding and declared a 10% stock dividend, when the stock was selling for $5 per share. The stock will be distributed to stockholders on January 20,2012 . What is the journal entry debit for retained earnings? 6x3y=13

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