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Question : Entries for stock dividends Antique Buggy Corporation has 820,000 shares

Entries for stock dividends Antique Buggy Corporation has 820,000 shares of 535 par common stock outstanding. On June 8, Antique Buggy Corporation declared a 5% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $63 per share on June 8. Journalize the entries required on June 8, July 13, and August 12.

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