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Epic Inc has 10,900 shares of $2 par value common stock outstanding. Epic declares a 14% stock dividend on July 1 when the stock's market
Epic Inc has 10,900 shares of $2 par value common stock outstanding. Epic declares a 14% stock dividend on July 1 when the stock's market value is $17 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 Record the dedaration of a 14% stock dividend. Bate General Journal Debit Credit July 01 Record entry Clear entry View general journal con=con&external browser=0&laun Welcome, Christine... Inbox (6) - cstewart... G Google P Level On Main Inc (... So Geology News -- Sc... Saved Epic Inc. has 10,900 shares of $2 par value common stock outstanding. Epic declares a 14% stock dividendo market value is $17 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
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