Prepare the following stock dividend journal entries for Tamera,Inc.
$\text {June 19}$ $\quad $ $\text {Declared a $7 \%$ stock dividend to common stockholders. The stock has a par value of $\$ 13$ and a}$
$\quad $ $\quad $ $\quad $ $\quad $ $\text { current market value of $\$ 14$. There are 60,000 shares of common stock outstanding.}$
$\text {July 2}$ $\quad $ $\text {The stock dividend is issued.}$

Question

Prepare the following stock dividend journal entries for Tamera,Inc.
$\text {June 19}$ $\quad $  $\text {Declared a $7 \%$ stock dividend to common stockholders. The stock has a par value of $\$ 13$ and a}$
 $\quad $ $\quad $  $\quad $  $\quad $ $\text { current market value of $\$ 14$. There are 60,000 shares of common stock outstanding.}$
$\text {July 2}$ $\quad $  $\text {The stock dividend is issued.}$

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The Answer of Prepare the following stock dividend journal entries for Tamera,Inc.
$\text {June 19}$ $\quad $  $\text {Declared a $7 \%$ stock dividend to common stockholders. The stock has a par value of $\$ 13$ and a}$
 $\quad $ $\quad $  $\quad $  $\quad $ $\text { current market value of $\$ 14$. There are 60,000 shares of common stock outstanding.}$
$\text {July 2}$ $\quad $  $\text {The stock dividend is issued.}$

Prepare the Following Stock Dividend Journal Entries for Tamera,Inc June 19\text {June 19}June 19

Prepare the Following Stock Dividend Journal Entries for Tamera,Inc $\text {June 19}$