Question
Instructions Alpine Energy Corporation has 265,500 shares of $30 par common stock outstanding On August 2, Alpine Energy declared a 1% stock dividend to
Instructions Alpine Energy Corporation has 265,500 shares of $30 par common stock outstanding On August 2, Alpine Energy declared a 1% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $50 per share on August 2 Journalize the entries required on August 2. September 15, and October 8. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account sites Journal Journalize the entries required on August 2. September 15, and October 8. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE DEBIT CREDIT ASSETS LIABILITIES EQUITY
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