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On september 1 , the board of directors of colorado outfitters, incorporated, declares and issues a tock dividend on its $ 2 6 0 0

On september 1, the board of directors of colorado outfitters, incorporated, declares and issues a tock dividend on its $26000, $ 17 par, common shares. The market price of the common stock is $46 on this date record the necessary journal entries assuming a small 10%stock dividend, a large 100% stock dividend, and a 2 for 1 stock split

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