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Question Pina Corporation has outstanding 323,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend when the fair value of

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Question Pina Corporation has outstanding 323,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend when the fair value of the stock is $71 per share Prepare the formal entries for both the date of declaration and the date of distribution (Cradle account titles are automatically indented when amount is entered. Do not indent manually. Debat Credit Account Titles and Explanation Declaration Date Distribution Date

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