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Any one that can help me with this proplem. I also attached the capital structure.Thank you so muhc in advance . D Bavarian Company reported
Any one that can help me with this proplem. I also attached the capital structure.Thank you so muhc in advance .
D
Bavarian Company reported the following stockholders' equity section in its most recent balance sheet. EEE (Click the icon to view the capital structure.) Bavarian Company decared a stock dividend of 393,300 shares on a date when the firm's common stock was sel ing for $17 per share. The shares issued to satisfy the stock dividend are newly issued shares, not treasury shares, and the treasury shares are not entitled to the stock dividend. Provide the journal entries at the declaration date and the issue date. Prepare the stockholders'equity section of the balance sheet after the issuance of the dividend. Provide the journal entries at the declaration date and the issue date. (Record debits first, then credits. Exclude explanations from any journal entries.) First, record the journal entry to account for the stock dividend on the date of declaration. Account Date of Declaration Now, record the journal entry to close the dividends account on the date of distribution. Account Date of Disuiburion Prepare the stockholders equity section of the balance sheet after the issuance of the dividend. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet, isting preferred data before common data.) Stockholders Equity Balance Total Contributed Capital Total Contributed Capital and Retained Earnings Total Stockholders'Equity
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