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The shareholders' equity of Core Technologies Company on June 30,2020 , included the following: On April 1, 2021, the board of directors of Core Technologies
The shareholders' equity of Core Technologies Company on June 30,2020 , included the following: On April 1, 2021, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $28 on April 1, 2021, and \$38 on June 1, 2021. Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. Complete the below table to calculate the stock dividend. Journal entry worksheet Record the declaration of the stock dividend. Note: Enter debits before credits. Journal entry worksheet Record the distribution of the stock dividend. Note: Enter debits before credits
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