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Crane crop has 901300 no par common shares authorized, of which 401300 shares are outstanding. The average carrying value of the shares is $5 per
Crane crop has 901300 no par common shares authorized, of which 401300 shares are outstanding. The average carrying value of the shares is $5 per share. When the market value was $10 per share, Crane declared a 10% stock dividend. What entry, if any, should Crane make to record this dividend declaration
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
