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The important dates in connection with a stock dividend of 10% on 50,000 share's of $1...

The important dates in connection with a stock dividend of 10% on 50,000 share's of $1 par common stock are the date of declaration February 14, date of record February 30, and date of payment March 2. The market price of the shares is $10. Required: Journalize the entries required on each date.

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