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Journalize the entries required on August

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Question - Zurich Corporation has 24,000 shares of $90 par common stock outstanding. On August 2, Zurich Corporation declared a 5% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $130 per share on August 2.

Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" and leave the amount boxes blank.

Reference no: EM132535035

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