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Bonus question (10 points) 1. Jourmalize the following selected transactions completed during the current fiscal year Jan. 3 The board of directors declared a stock
Bonus question (10 points) 1. Jourmalize the following selected transactions completed during the current fiscal year Jan. 3 The board of directors declared a stock split that reduced the par of par of common shares shares to from $100 to $20. This action increased the number of cutsanding 400.000 Declared a dividend of S1.75 22 per share on the outstanding shares of common stock. Feb.& Paid the dividend declared on January 22 Declared a 5% stock dividend on the common stock outstanding (the fair market value of the stock to be issued is $30) Se pt. Oct I Issued the certificates for the common stock dividend declared on September 1 Credit Date Account Debit
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