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will give thumbs up Problem 4: Stock Dividends Zenon Company has 25,000 shares of common stock outstanding with a par value of $4 per share.
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Problem 4: Stock Dividends Zenon Company has 25,000 shares of common stock outstanding with a par value of $4 per share. On December 15, Zenon declares a 10% stock dividend to be distributed on December 31, to stockholders of record on December 20. The market price of the stock on December 15 (the declaration date) is $5 per share. Use the above information to answer questions 9 thru 11. ation Question 9 3 pts allery Record the journal entry (if any) for the date of declaration. If no entry, write "No Entry Required": If an entry is necessary, use the following account headings when recording the entry: Accounts Debit Credit Edit View Insert Format Tools Table 12ptParagraph BI VART : Question 10 2 pts Record the journal entry (if any) for the date of record. If no entry, write "No Entry Required". If an entry is necessary, use the following account headings when recording the entry: Accounts Debit Credit Edit View Insert Format Tools Table 12pt Paragraph I U A e Tv Question 11 2 pts Record the journal entry (if any) for the date of distribution. If no entry, write "No Entry RequiredIf an entry is necessary, use the following account headings when recording the entry: Accounts Debit Credit Edit View Insert Format Tools Table 12pt Paragraph 2 Step by Step Solution
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