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A) March 1, the board of directors declared a stock 15% stock dividend to common stockholders, of record February 20. The market value of the
A) March 1, the board of directors declared a stock 15% stock dividend to common stockholders, of record February 20. The market value of the common stock is $ 30.00 per share, par value is $10.00 per share, and there are 100,000 shares outstanding. B) March 15, issued the stock dividend n settlement of the dividend declared on March 1 above. C) October 10, declared a 30% stock dividend to common stockholders of record September 25, The market value of the stock is $ 25.00 per share, par value is $ 10.00 per share, and there are 200,000 shares outstanding. D) October 25, issued the stock dividend in settlement of the dividend declared on October 10 above. Journal Entries: a) Description
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