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On June 30 , the board of directors of Sandals, Incorporated, declares and issues a...

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Accounting

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On June 30 , the board of directors of Sandals, Incorporated, declares and issues a 100% stock dividend on its 14,000,$1 par, common shares. The market price of Sandals common stock is $19 on June 30. Record the stock dividend. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits

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