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II. On December 15, 2022 it declared stock dividends of $1 per share to its 2,000,000 common stockholders. Required: 1. Prepare the general journal

II. On December 15, 2022 it declared stock dividends of $1 per share to its 2,000,000 common stockholders. Required: 1. Prepare the general journal entries to record the declaration of the above stock dividends. II. Prepare general journal entries to record the distribution of the stock dividends.

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