Question
for the shareholders' equity of Core Technologies company on June 30, 2023, included the following: common stock, 1 par; authorized, 5 million shares; Issued and
for the shareholders' equity of Core Technologies company on June 30, 2023, included the following: common stock, 1 par; authorized, 5 million shares; Issued and outstanding, 2 million shares 2,000,000, Paid in capital -excess of par is 8,000,000, retained earnings 14,000,000. On April 1,2024, the board of directors of Core Technology declared a 10% Search instead for the shareholders' eqquity of Core Technologies company on June 30, 2023, included the following: common stock, 1 par; authorized, 5 million shares; Issued and outstanding, 2 million shares 2,000,000, Paid in capital -excess of par is 8,000,000, retained earnins 14,000,000. On April 1,2024, the board of directors of Core Technology declared a 10% stock was 32 On April1, 2024, and 42 onb June 1, 2024. Required: Prepare the journal entry to record the declaration and distribution of the stock divident Note: if noe entry is required for a transaction/event, select no journal entry required in the first account field.
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