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Business, 06.06.2020 13:58 kibyrd14

Ayayai Corp. has 320,000 shares of $10 par value common stock outstanding. It declares a 14% stock dividend on December 1 when the market price per share is $17. The dividend shares are issued on December 31. Prepare the entries for the declaration and distribution of the stock dividend.

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Ayayai Corp. has 320,000 shares of $10 par value common stock outstanding. It declares a 14% stock d...
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