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Instructions Top-Value Corporation has 900,000 shares of $26 par common stock outstanding. On September 2, Top-Value Corporation declared a 2% stock dividend to be
Instructions Top-Value Corporation has 900,000 shares of $26 par common stock outstanding. On September 2, Top-Value Corporation declared a 2% stock dividend to be sued November 30t stockholders of record on October 3. The market price of the stock was $44 per share on September 2 Required: Journalize the entries required on September 2, October 3, and November 30. If no entry in required, simply skip to the next transaction Refer to the chart of accounts for the exact wording of the account titles CNOW joumals do not use lines for jumal explanations Every line on a mal page is used for debit or credit entries CNOW journals will automatically indent a credit entry when a credit amount is entered
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