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Belkin Incorporated has 119,000 shares of $3 par value common stock outstanding. Belkin declares a...

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Accounting

image Belkin Incorporated has 119,000 shares of $3 par value common stock outstanding. Belkin declares a 59% stock dividend on March 2 when the stock's market value is $91 per share. Prepare the journal entry for declaration of the stock dividend. Journal entry worksheet Record the declaration of a 59\% stock dividend. Note: Enter debits before credits

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