Business, 20.05.2021 20:40, prettygirl2204

Dutta Corp. has outstanding 70,000 shares of $5 par value common stock. At year-end, the company declares and issues a 4% common stock dividend when the market price of the stock is $21 per share. Required
Using the financial statement effects template, illustrate the effects of this dividend declaration and payment.

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Dutta Corp. has outstanding 70,000 shares of $5 par value common stock. At year-end, the company dec...