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For each of the following independent situations, present the necessary journal entry: (a) Declared and distributed a 10% share dividend on 500,000 shares of common

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For each of the following independent situations, present the necessary journal entry: (a) Declared and distributed a 10% share dividend on 500,000 shares of common shares outstanding. Market price per share on this date was $15. (b) With 250,000 shares of common shares outstanding, declared and distributed a 2 for 1 share split. (c) Declared and distributed a 30% share dividend on 200,000 shares of common shares outstanding. Market price per share on this date was $14. If no journal entry is required please state that. Show calculations. For each of the following independent situations, present the necessary journal entry: (a) Declared and distributed a 10% share dividend on 500,000 shares of common shares outstanding. Market price per share on this date was $15. (b) With 250,000 shares of common shares outstanding, declared and distributed a 2 for 1 share split. (c) Declared and distributed a 30% share dividend on 200,000 shares of common shares outstanding. Market price per share on this date was $14. If no journal entry is required please state that. Show calculations

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