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Business, 25.12.2020 20:20 habah2062

Exercise 153Chetola Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 15% stock dividend on June 1 when the market price per share was $13. The shares were issued on June 30.Prepare the necessary entries for the declaration and payment of the stock dividend.

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Exercise 153Chetola Corporation has 120,000 shares of $5 par value common stock outstanding. It decl...

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