Question: Bulldog Incorporated purchased 3 000 shares of Gamecock Company for 99 000
Bulldog, Incorporated, purchased 3,000 shares of Gamecock Company for $99,000 on March 31, Year 1. On June 30 Gamecock Company issued a 50% stock dividend and Bulldog, Incorporated, received another 1,500 shares. Record the receipt of the stock dividend by Bulldog.
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