Fallingstar, Inc. has 110,000 shares of common stock issued and outstanding, with a par value of $0.03 per share. It declared a 17% common stock dividend; market value is $14 per share. Which of the following is the correct journal entry to record the transaction?
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Fallingstar, Inc. has 110,000 shares of common stock issued and outstanding, with a par value of $0....
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