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FULL SCREEN PRINTER VERSION BACK NE Exercise 14-03 a-b (Video) On January 1, 2020, Sheridan Corporation had 51.495,000 of common stock outstanding that was issued
FULL SCREEN PRINTER VERSION BACK NE Exercise 14-03 a-b (Video) On January 1, 2020, Sheridan Corporation had 51.495,000 of common stock outstanding that was issued at par. It also had retained earnings of $743,000. The company issued 38,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year. Journalize the dedaration of a 16% stock dividend on December 10, 2020, for the following independent assumptions. (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 for the amounts.) Par value is $10, and market price is $13, b. Par value is $5, and market price is $22 ay No Account Titles and Explanation Debit Cred Click if you would like to
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