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QUESTION
Headland Corporation has outstanding 2,994,000 shares with common stock of a par value of $10 each.
$37
(a)Prepare the journal entry to record (1) the declaration and (2) payment of the cash dividend.
(b)Prepare the journal entry to record (1) the declaration and (2) distribution of the stock dividend.
I have the answers for part a. I need help with part b
