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13-1: please try to write the answer on the picture , so it will be easy for me to do not confuse. Top-Value Corporation has
13-1:
please try to write the answer on the picture , so it will be easy for me to do not confuse.
Top-Value Corporation has 900,000 shares of $26 outstanding. On September 2, Top-Value Corporation declared a 3% stock dividend to be issued November 30 to of record on October 3 . The market price of the stock was $44 per share on September 2. Required: Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Journal not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is enteredStep by Step Solution
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