Question
Sm corporation declared its share capital dividend. Shareholder A is a holder of 3,333 shares with P10 par and P12 market value. Journalize the declared
Sm corporation declared its share capital dividend. Shareholder A is a holder of 3,333 shares with P10 par and P12 market value.
Journalize the declared share dividend for shareholder A assuming that the declared share capital dividend is (a) 25% and (b) 15%.
#Accounting
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Managerial Accounting
Authors: Sivaramakrishna, Ramji Balakrishnan
1st Edition
0471467855, 978-0471467854
