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Flint Corporation has outstanding 405,000 shares of $ 10 par value common stock. The corporation declares a 100% stock dividend when the fair value of
Flint Corporation has outstanding 405,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend when the fair value of the stock is $70 per share.
Prepare the journal entries for both the date of declaration and the date of distribution
Prepare the journal entries for both the date of declaration and the date of distribution
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