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PART 5 Our Company has 1,000,000 common shares outstanding, $3 par. Make the journal entry for a 5% stock dividend if the market price of

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PART 5 Our Company has 1,000,000 common shares outstanding, $3 par. Make the journal entry for a 5% stock dividend if the market price of the stock was $10 per share. (You may make one entry, OR you may make one entry for declaration and one entry for distribution)

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