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Question 25 On June 1, 2020 the Brown Company had 260,000 shares of its 510 par value common stock outstanding when its board of directors

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Question 25 On June 1, 2020 the Brown Company had 260,000 shares of its 510 par value common stock outstanding when its board of directors declared a 10% stock dividend. At the time of the declaration, the market price per share was $26.00. The stock will be distributed on June 30 to shareholders of record on June 15. Instructions Show all required journal entries. For the toolbar, press ALT+F10 (PC or ALT+FN+F10 (Mac). I Paragraph Arial V 10pt A I. ID G Q E = XGST The - + HBC

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