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Bucky Dent Inc. has 50 million shares authorized, 20 million shares issued, and 18 million shares outstanding. The par value per share is $1, and
Bucky Dent Inc. has 50 million shares authorized, 20 million shares issued, and 18 million shares outstanding. The par value per share is $1, and the market value is $50 per share. Prepare the necessary journal entry for the date of declaration/issuance (assume that both occur on the same date) if :
A) a 10% stock dividend is declared
B) a 50% stock dividend is declared
C) a 2 for 1 stock split is declared
Treat the transactions independently
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