Question
8. Rather than distribute a cash dividend in January, OPC considered issuing a 30% stock dividend on common stock. What journal entry would OPC record
| 8. | Rather than distribute a cash dividend in January, OPC considered issuing a 30% stock dividend on common stock. What journal entry would OPC record had a 30% stock dividend been issued? |
Record the issuance of 30% stock dividend.
| 9. | What journal entry would OPC record had a 10% stock dividend been issued? record the issuance of 10% stock dividend.
|
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
