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The shareholders' equity of Raven Company is as shown: Raven is considering the declaration and issuance of a stock dividend at a time when the

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The shareholders' equity of Raven Company is as shown: Raven is considering the declaration and issuance of a stock dividend at a time when the market price is $30 per share. Required: 1. Assuming the board of directors recommends a 6% stock dividend, prepare: a. the joumal entry at the date of declaration b. the joumal entry at the date of issuance c. shareholders' equity after the issuance 2. Assuming, instead, that a 40% stock dividend is recommended, answer a, b, and c of Reguirement

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