eBook Show Me How Calculator Print Item Entries for stock dividends Instructions Chart of Accounts Journal Instructions Pro-Builders Corporation has 265,500 shares of $30 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 1% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $50 per share on September 2. Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tides. Next Previous 2 more Check My Work uses remaining. Check My Work 10:5

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Entries for stock dividends
Instructions
Chart of Accounts
Journal
Instructions
Pro-Builders Corporation has 265,500 shares of $30 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 1% stock dividend to be
issued November 30 to stockholders of record on October 3. The market price of the stock was $50 per share on September 2.
Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts
for exact wording of account tides.
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Previous
2 more Check My Work uses remaining.
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10:5
Transcribed Image Text:eBook Show Me How Calculator Print Item Entries for stock dividends Instructions Chart of Accounts Journal Instructions Pro-Builders Corporation has 265,500 shares of $30 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 1% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $50 per share on September 2. Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account tides. Next Previous 2 more Check My Work uses remaining. Check My Work 10:5
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