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Shepard Corporation has outstanding 750,000 shares of $2 par common stock. The board of directors declared a 65% stock dividend when the fair value of
Shepard Corporation has outstanding 750,000 shares of $2 par common stock. The board of directors declared a 65% stock dividend when the fair value of the stock was $10 per share. Prepare the journal entries for the date of declaration, date of record, and the date of distribution For the toolbar, press ALT+F10 (PC) or ALT+FNF10 Mac BIUS Paragraph Anal 10pt A T. K DWORDS POW
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