Question
I have a formatting issue. I need help to find out how I can submit my answers to get FULL CREDIT. I'm thinking the issue
I have a formatting issue. I need help to find out how I can submit my answers to get FULL CREDIT.
I'm thinking the issue may be partially with part d) Notice how I can put Additional Paid-in Capital in the third row, but I can't write any ANSWER in the final column of the third row. This is causing me issues and I decided to put it below, hence why I think it's coming out to be wrong. This part of the question is similar to part b), but there I was able to write an answer in the last column of the third row. I'm not sure if they are both wrong, or what the deal is, but please help me to get this question correct.
100 points Problem 11-249 ILO 11-3 Company Z has 2 million shares of common stock authorized with a par value of S1 and a market price of $50. There are 1 million outstanding shares and 0.25 million shares held in treasury stock. a. Prepare the journal entry if the company declares and distributes a 10% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field Enter your answers in dollars and not in millions.) view transaction list view general journal Journal Entry Worksheet Record the declaration and distribution of the 10% stock dividend. Transaction Debit Credit General Journal 1 5,000,000 Retained Earnings Common Stock 100,000 4,900,000 Additional Paid-in Capital Enter debits before credits clear entry done record ent You did not receive full credit for this question in a previous attemptStep by Step Solution
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