2 journal entries 38 1-Nov Jackson, Inc. declared a 10% stock dividend. The market price per share was $30. Date Account Title Debit 10 The
2 journal entries 38 1-Nov Jackson, Inc. declared a 10% stock dividend. The market price per share was $30. Date Account Title Debit 10 The company had 60,000 shares of its $2 par value common stock outstanding. 20-Nov Date of record. 30-Nov The stock dividend was issued. Prepare the necessary journal entries for the declaration and issuance of the stock dividend
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