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Find what is the entry to record the dividend

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Reference no: EM132507110

Question 1: Eastiline corporation had 15,500 shares of $5 par value common stock outstanding when the board of directors declared a stock dividend of 4805 shares. At the time of the stock dividend, the market value per share was $13. The entry to record this dividend is what?

Reference no: EM132507110

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