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Heller Company has 10,000 shares of Common Stock with a par value of $1. On December 31, Heller declared and paid a 35% stock dividend

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Heller Company has 10,000 shares of Common Stock with a par value of $1. On December 31, Heller declared and paid a 35% stock dividend on December 31, 2016 when the company's shares were selling for $23 per share. Record the declaration and payment of the stock dividend. Date Account Description Debit Credit Dec. 31

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