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24/2020 0.2 A company outstanding shares are 200,000 which are traded in the active market at OMR 8 per share. For the year 2019-20, company
24/2020 0.2 A company outstanding shares are 200,000 which are traded in the active market at OMR 8 per share. For the year 2019-20, company decided to give 1 share for every 5 share held as stock dividend. Pass Journal entry for the stock dividend and calculate new market price for the share. (5 Marks) Ans
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Company Accounting
Authors: Ken Leo, John Hoggett, John Sweeting, Jennie Radford
8th Edition
0470819731, 978-0470819739
