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A company has 135,000 shares of $5 par value common stock outstanding. The company dedares a 30% stock dividend on November 1 when the stocks

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A company has 135,000 shares of $5 par value common stock outstanding. The company dedares a 30% stock dividend on November 1 when the stocks market value is $53 per share Prepare the journal entry for declaration of the stock dividend. Journal entry worksheet Record the declaration of a 30% stock dividend. Wote: Enter debits before credits

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