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On September t. the board of directors of a company, declares a stock dividend on its 16.000, 7 par, common shares. The market price of
On September t. the board of directors of a company, declares a stock dividend on its 16.000, 7 par, common shares. The market price of the common stock is $36 on this date. Required: 1.2. & 3. Record the necessary Journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fiele View transaction Mist Journal entry worksheet
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