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h.XYZ Company declared a 2% stock dividend on common stock (53 par). (Pretend there are 10,000 shares of common stock outstanding and that the current

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h.XYZ Company declared a 2% stock dividend on common stock (53 par). (Pretend there are 10,000 shares of common stock outstanding and that the current market value of a share of a common stock on that date was $20). DATE Debit Credit X/X QUESTION 9 i. XYZ Company distributed the stock dividends from (h) DATE XIX Debit Credit QUESTION 10 1.XYZ Company issued at par 300 shares of $2 par common stock in exchange for land with a market value of $20,000 DATE Debit Credit XIX

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