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Landed corporation currently has 135000 shares outstanding of $2 par value common stock. The stock was originally issued for $17 per share. On March 15,
Landed corporation currently has 135000 shares outstanding of $2 par value common stock. The stock was originally issued for $17 per share. On March 15, the board of directors declares a 15% stock dividend when the stock is selling for $24 per share. Which of the following is the correct journal entry to record this transaction?
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