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This is intermediate accounting question about Stockholder's Equity (chp15) Gloria has 500,000 shares of $0.10 par value common stock outstanding. The following transactions occurred during

This is intermediate accounting question about Stockholder's Equity (chp15)

  1. Gloria has 500,000 shares of $0.10 par value common stock outstanding. The following transactions occurred during the year:
  1. During April, Gloria declared a 10% stock dividend when the market price of the stock was $30 per share.
  2. During May, Gloria distributed the stock dividend.
  3. During June, Gloria declared a $0.30 per share cash dividend.
  4. During July, Gloria paid the cash dividend.

Prepare the entries for each of these transactions

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