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Epic Inc. has 10.200 shares of $2 par value common stock outstanding. Epic declares a 7% stock dividend on July 1 when the stock's market
Epic Inc. has 10.200 shares of $2 par value common stock outstanding. Epic declares a 7% stock dividend on July 1 when the stock's market value is $10 per share. The stock dividend is distributed on July 20. Prepare journal entries for (a) declaration and (b) distribution of the stock dividend. View transaction list Journal entry worksheet ces
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Internal Auditing An Integrated Approach
Authors: Richard Cascarino
1st Edition
0702166693, 978-0702166693
