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Assume Company A reported a 9% stock dividend on their 40,000 outstanding shares (par value $1). The market value of the current shares is $19.00.

Assume Company A reported a 9% stock dividend on their 40,000 outstanding shares (par value $1). The market value of the current shares is $19.00. Prepare the journal entry for this stock dividend with i. Small Stock Dividend (Less than 25%) ii. Large Stock Dividend (More than 25%)

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