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Remaining Time: 1 hour, 54 minutes, 27 seconds. Question Completion Status: QUESTION 12 Bradford Company reported stockholders' equity on December 31 of the prior year as follows: Common stock, $10 par value, 1,000,000 shares authorized, 400,000 shares issue d....... $4,000,000 Paid-in capital in excess of par, common stock. Retained earnings Required: Prepare the journal entries for the following selected transactions that occured during the current year: 1,500,000 3,500,000 A) February 15: The board of directors declared a 596 stock dividend to stockholders of record on March 1. The stock was selling for $12 per share. B) March 9: Distributed the stock dividend. C) May 1: A cash dividend of $0.50 per share was declared by the board of directors to stockholders of record on May 20, payable June 1. D) June 1: Paid the cash dividend. E) August 20: Declared and distributed a 4-for-1 stock split. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px Click Save and Submit to save and submit. Click Save All Answers to save all answers SON AIX a Save All Answers Remaining Time: 1 hour, 54 minutes, 27 seconds. Question Completion Status: QUESTION 12 Bradford Company reported stockholders' equity on December 31 of the prior year as follows: Common stock, $10 par value, 1,000,000 shares authorized, 400,000 shares issue d....... $4,000,000 Paid-in capital in excess of par, common stock. Retained earnings Required: Prepare the journal entries for the following selected transactions that occured during the current year: 1,500,000 3,500,000 A) February 15: The board of directors declared a 596 stock dividend to stockholders of record on March 1. The stock was selling for $12 per share. B) March 9: Distributed the stock dividend. C) May 1: A cash dividend of $0.50 per share was declared by the board of directors to stockholders of record on May 20, payable June 1. D) June 1: Paid the cash dividend. E) August 20: Declared and distributed a 4-for-1 stock split. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px Click Save and Submit to save and submit. Click Save All Answers to save all answers SON AIX a Save All Answers
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