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New Entry: DECLARATION AND DISTRIBUTION OF A STOCK DIVIDEND On Sept. 1, Tyco Co. declared a 5% stock dividend. On this date, 10,000 shares
New Entry: DECLARATION AND DISTRIBUTION OF A STOCK DIVIDEND On Sept. 1, Tyco Co. declared a 5% stock dividend. On this date, 10,000 shares of $1 par common were outstanding. The market price on this date was $5 per share. The dividend was distributed on October 15. Date Account Debit Credit
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
