Question
Total Stockholders Equity $15,830,000 On August 1, 2018, the board of directors of Howell declared a 15% stock dividend on common stock, to be distributed
Total Stockholders Equity $15,830,000
On August 1, 2018, the board of directors of Howell declared a 15% stock dividend on common stock, to be distributed on September 15th. The market price of Howell's common stock was $75 on August 1, 2018. Prepare the journal entries.
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