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Current Attempt in Progress Nash Corporation has outstanding 400,000 shares of $10 par value ordinary shares. The corporation declares a 10% share dividend when
Current Attempt in Progress Nash Corporation has outstanding 400,000 shares of $10 par value ordinary shares. The corporation declares a 10% share dividend when the fair value is $63 per share. Prepare the journal entries for Nash Corporation for both the date of declaration and the date of distribution. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Account Titles and Explanation Debit Credit Declaration Date Distribution Date tv AO
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