Question
Record the stock dividend assuming a small (10%) stock dividend 1-On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend
Record the stock dividend assuming a small (10%) stock dividend
1-On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 11,000, $2 par, common shares. The market price of the common stock is $31 on this date. Record the stock dividend assuming a small (10%) stock dividend.
2. | Record the stock dividend assuming a large (100%) stock dividend. On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 11,000, $2 par, common shares. The market price of the common stock is $31 on this date. Record the stock dividend assuming a large (100%) stock dividend. 3-Record the stock dividend assuming a 2-for-1 stock split. On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 11,000, $2 par, common shares. The market price of the common stock is $31 on this date. Record the stock dividend assuming a 2-for-1 stock split.
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