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help i am studying (10 q) On January 1, Coronado Corporation had 241000 shares of $10 par value common stock outstanding. On June 17 ,
help i am studying (10 q) On January 1, Coronado Corporation had 241000 shares of $10 par value common stock outstanding. On June 17 , the company declared a 14% stock dividend to stockholders of record on June 20 . Market value of the stock was $14 on June 17, The stock was distributed on June 30 . The entry to record the transaction of June 30 would include a debit to Common Stock Dividends Distributable for $472360. credit to Paid-in Capital in Excess of Par for $134960. credit to Common Stock for $337400. debit to Stock Dividends for $472360
help i am studying (10 q)
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