Question
Global Corporation had 43,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 15%
Global Corporation had 43,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 15% stock dividend when the market value of each share was $30. The entry to record the dividend declaration is:
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Construction Accounting And Financial Management
Authors: Steven J. Peterson
1st Edition
0131109391, 978-0131109391
