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Journalize the entries required on June

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Problem - Vienna Highlights Corporation has 150,000 shares of $100 par common stock outstanding. On June 14, Vienna Highlights declared a 4% stock dividend to be issued August 15 to stockholders of record on July 1. The market price of the stock was $110 per share on June 14. Journalize the entries required on June 14, July 1, and August 15.

Reference no: EM132778806

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