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The Directors of QTY inc. declared a 5% share dividend on Dec 31, 2019. The company currently has 5,000 shares outstanding and the market price

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The Directors of QTY inc. declared a 5% share dividend on Dec 31, 2019. The company currently has 5,000 shares outstanding and the market price of the share is $30 per share. the dividend is to be distributed on Jan 20, 2020 to the shareholders of record on Jan 15. What is the journal entry for Jan 15

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