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3.13 On January 1, 19A, Corporation C declares a scrip dividend of $100,000 payable on May 1 to stock holders of record on April 1.

3.13 On January 1, 19A, Corporation C declares a scrip dividend of $100,000 payable on May 1 to stock holders of record on April 1. The scrip pays interest at a 10% annual rate. Prepare entries for these three dates.
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3.13 On January 1, 19A, Corporation C declares a scrip dividend of $100,000 payable on May 1 to stock holders of record on April 1. The scrip pays interest at a 10% annual rate. Prepare entries for these three dates

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