Question
Global Corporation had 46,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 25%
Global Corporation had 46,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 25% stock dividend when the market value of each share was $27. The entry to record the dividend declaration is:
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Auditing A Practical Manual For Auditors
Authors: Lawrence Robert Dicksee
1st Edition
1360462546, 978-1360462547
