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Thank you! Entries for Stock Dividends Zurich Corporation has 40,000 shares of $80 par common stock outstanding. On August 2, Zurich Corporation declared a 5%
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Entries for Stock Dividends Zurich Corporation has 40,000 shares of $80 par common stock outstanding. On August 2, Zurich Corporation declared a 5% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $91 per share on August 2. Journalize the entries required on August 2, September 15, and October 8 . If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes blankStep by Step Solution
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