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BE10.2 Prepare entries for a share dividend. L05 Connor Ltd has 400 I301) $3 shares issued. It declares a 10% share dividend an 1 December.

BE10.2 Prepare entries for a share dividend. L05 Connor Ltd has 400 I301) $3 shares issued. It declares a 10% share dividend an 1 December. The dividend shares are issued as $5 shares an 31 December. Prepare the entries for the declaration and payment of the share dividend. (Page 660)

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