On July 1, 2015, NTC had outstanding 10,000 common shares, (originally sold at $12); the quoted market price currently is $16.The company declared and issued a 10% common stock dividend.Give the entry.

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The Answer of On July 1, 2015, NTC had outstanding 10,000 common shares, (originally sold at $12); the quoted market price currently is $16.The company declared and issued a 10% common stock dividend.Give the entry.

On July 1, 2015, NTC Had Outstanding 10,000 Common Shares