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Question 3 Accustart Corporation has 96,700 common shares that have been issued. It declares a 5% stock dividend on December 1 to shareholders of record
Question 3 Accustart Corporation has 96,700 common shares that have been issued. It declares a 5% stock dividend on December 1 to shareholders of record on December 20, The shares are issued on January 10, The share price is 514 on December 1, $13.50 on December 20, and $13.75 on January 10. Prepare the entries on the appropriate dates to record the stock dividend. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) is Date Account Titles and Explanation Debit Credit Dec. 20
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