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The company pays a stock dividend of 300,000 shares to its shareholders. The market value of the shares is $10 per share and the par

The company pays a stock dividend of 300,000 shares to its shareholders. The market value of the shares is $10 per share and the par value is $1. There are 1,000,000 shares outstanding. How would the company record the issuance of the stock dividend? Cash , Dividends payable ,common stock,Additional paid to capital and retain earning

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