Bernard Corporation has 250,000 common shares outstanding and declares a 15 % stock dividend on...

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Accounting

Bernard Corporation has 250,000 common shares outstanding and declares a 15 % stock dividend on July 1 2018. On July 31, Bernard issues the dividend shares. On the day of declaration, suppose that its common stock has a par value of NT$10, and market value of NT$33 per share. Make the entries necessary on the declaration and the issuing days.

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