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Campion Statur QUESTION 12 Bradford Company reported stockholders equity on December 31 of the prior year as follow Common stock $10 par value 2.000.000 shares
Campion Statur QUESTION 12 Bradford Company reported stockholders equity on December 31 of the prior year as follow Common stock $10 par value 2.000.000 shares authorized 800.000 shares $4,000,000 Paid-in capital in secess of par, common stock 3.000.000 Retained earnings. 7,000,000 Requires Prapure the journal entries for the following selected transactions that occured during the current year Aj February 13: The board of directors declared a 5 stock dividend to stockholders of record on March 1, The stock was selling for $12 per share March & Dotributed the stock duidend May 1A cash dividend of $0.50 per share was declared by the board of directors to stockholders of record on May 20, payable june 1. 07 June 1: Paid the cash dividend August 20 Declared and distributed a 4-for-5 stock split 10 points
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