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Prepare the Following Stock Dividend Journal Entries for Tamera, Inc

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Essay

Prepare the following stock dividend journal entries for Tamera, Inc.
June 19 Declared a 5% stock dividend to common stockholders. The stock has a par value of $13 and a current market value of $15. There are 50,000 shares of common stock outstanding.
July 2 The stock dividend is issued.


Definitions:

Perseveration Of Sameness

A resistance to change and a strict adherence to routines or repetition of specific behaviors, often observed in autism spectrum disorders.

Rigid And Repetitive Behavior

Patterns of behavior that are inflexible and consistently repeated, often seen in autism spectrum disorders.

Echolalia

The involuntary and repetitive mimicry or imitation of the vocalizations made by another person.

Neologism

A made-up word that has meaning only to the person using it.

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