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please solve On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 21,000, $12 par, common shares. The
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On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 21,000, $12 par, common shares. The market price of the common stock is $41 on this date. Required: 241 R cort the necessary unna en es assurin a smal 10% st ck div er transaction/event, select "No journal entry required" in the first account field.) , a large 100% stock dividend, and a 2-for-1 stock split. If no entry is required for a Journal entry worksheet 2 3 Record the stock dividend assuming a small (10%) stock dividend Debit Credit 01 5/13/2019 4 Required 2. sa Record the necessary ouma en es assuming a smal stock di dend, a large 100% stock dividend and a 2-for-1 stock split. If no entry is required transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 2 3 Record the stock dividend assuming a large (100%) stock dividend. Debit Credit General 01 View general journal O Type here to search 5/13/2 Required: 1. 2. & 3. Record the necessary journal entries assuming a sm transaction/event, select "No journal entry required" in the first account field.) all (10%) stock dividend. a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a Journal entry worksheet 2 Record the stock dividend assuming a 2-for-1 stock split. Debit Credit 01 6:45 PM 5/13/2019 ype here to search Journal entry worksheet 2 No journal entry required Record the stock Accounts payable Accounts receivable Additional paid-in capital Advertising expense Ronde pavabla Note: Enter debits bef Date Debit CreditStep by Step Solution
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