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waveside pool supply has 16,000 shares of $3 par common stock outsdanding. waveside distrubutes a 10% stock dividend when the market value of its stock

waveside pool supply has 16,000 shares of $3 par common stock outsdanding. waveside distrubutes a 10% stock dividend when the market value of its stock is $15 per share.

journalize waveside distribution of the stock dividend on july31

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