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Exercise 154a-b (Part Level Submission) Juno Corporation's stockholders' equity section at December 31, 2019 appears below: Stockholder's equity Paid in capital Common stock, $10 par,

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Exercise 154a-b (Part Level Submission) Juno Corporation's stockholders' equity section at December 31, 2019 appears below: Stockholder's equity Paid in capital Common stock, $10 par, 60,000 outstanding $600,000 Pad-in capital in excess of par 150,000 Total paid in capital $750,000 Retained earnings 150,000 Total stockholder's equity $900,000 On June 30, 2020, the board of directors of Juno Corporation declared a 20% stock dividend, payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of June Corporation's stock on June 30, 2020, was $15. On December 1, 2020, the board of directors declared a 2 for 1 stock split effective December 15, 2020. do Corporation's stock was selling for $20 on December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $190,000 and there were no cash dividends decared Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split (Credit account titles are automatically indented when the amount is entered. Do not inderat manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 6/30/20

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