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Beacon Corporation issued a 5 percent stock dividend on 30.000 shares of its $10 par common stock. Al the time of the market value of

Beacon Corporation issued a 5 percent stock dividend on 30.000 shares of its $10 par common stock. Al the time of the market value of the stock was $15 per share. Required: a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model

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