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FGH Inc. declared and distributed stock dividends worth $10,000 on September 20, 2023. Record the journal entries for the declaration and distribution of the stock
- FGH Inc. declared and distributed stock dividends worth $10,000 on September 20, 2023. Record the journal entries for the declaration and distribution of the stock dividends. Explain the impact on the company’s equity.
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
