Antique buggy corporation declared

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Reference no: EM131219578

Antique Buggy corporation has 820,000 shares of $35 par common stock outstanding. On June 8, antique buggy corporation declared a 5% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $63 per share on February 15. Journalize the entries required on June 8, July 13, and August 12.

Reference no: EM131219578

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