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Te market price of the stock was 132 a share on june 30

Question - Vincent Corporation has 100,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $132 a share on June 30. Journalize the entries required on June 30, July 15, and July 30.

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Accounting Basics: Te market price of the stock was 132 a share on june 30

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