Question
Bernard Corporation has 250,000 common shares outstanding and declares a 15 % stock dividend on July 1 2018. On July 31, Bernard issues the dividend
Bernard Corporation has 250,000 common shares outstanding and declares a 15 % stock dividend on July 1 2018. On July 31, Bernard issues the dividend shares. On the day of declaration, suppose that its common stock has a par value of NT$10, and market value of NT$33 per share. Make the entries necessary on the declaration and the issuing days.
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Fundamentals Of Oil And Gas Accounting
Authors: Rebecca A. Gallun, Ph.D. Wright, Charlotte J, Linda M. Nichols, John W. Stevenson
4th Edition
0878147934, 9780878147939
