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On September 1 , the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 2 5 , 0 0
On September the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its $ par, common shares. The market price of the common stock is $ on this date.
Required:
& Record the necessary journal entries assuming a small stock dividend, a large stock dividend, and a for stock split. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the stock dividend assuming a small stock dividend.
Note: Enter debits before credits.
tableDateDebit,CreditSeptember
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