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QS 13-9 (Algo) Accounting for large stock dividends LO P2 Belkin Incorporated has 103,000 shares of $3 par value common stock outstanding. Belkin declares a
QS 13-9 (Algo) Accounting for large stock dividends LO P2 Belkin Incorporated has 103,000 shares of $3 par value common stock outstanding. Belkin declares a 43% stock dividend on March 2 when the stock's market value is $75 per share Prepare the journal entry for declaration of the stock dividend View transaction list Journal entry worksheet > Record the declaration of a 43% stock dividend. Note: Enter debits before credits Debit General Journal Date Credit Journal entry worksheet
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