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Prepare the entry to record the transaction of june

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Question - On January 1, Coronado Corporation had 171000 shares of $10 par value common stock outstanding. On June 17, the company declared a 13% stock dividend to stockholders of record on June 20. Market value of the stock was $13 on June 17. Prepare the entry to record the transaction of June 17?

Reference no: EM133148571

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