On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par, common shares. The market price of the common stock on this date is $18. Record the stock dividend. (If no entry ls requlred for a particular transaction/event, select "No Journal Entry Requlred" In the first account fleld.) View transaction list Journal entry worksheet Record the stock dividend. Note: Enter debits before credits. Transaction General Journal Debit Credit September 01
On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par, common shares. The market price of the common stock on this date is $18. Record the stock dividend. (If no entry ls requlred for a particular transaction/event, select "No Journal Entry Requlred" In the first account fleld.) View transaction list Journal entry worksheet Record the stock dividend. Note: Enter debits before credits. Transaction General Journal Debit Credit September 01
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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thank you so much
![On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par. common shares. The market price
of the common stock on this date is $18.
Record the stock dividend. (If no entry Is requlred for a partlcular transactlon/event, select "No Journal Entry Requlred" In the first
account fleld.)
View transaction list
Journal entry worksheet
1
Record the stock dividend.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
September 01
Record entry
Clear entry
View general joumal](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3df5b63-8420-4e4f-b302-e11e0dfef4c4%2F21059d65-158c-4059-899f-ca6f0863daa7%2Fdau9q8s_processed.png&w=3840&q=75)
Transcribed Image Text:On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par. common shares. The market price
of the common stock on this date is $18.
Record the stock dividend. (If no entry Is requlred for a partlcular transactlon/event, select "No Journal Entry Requlred" In the first
account fleld.)
View transaction list
Journal entry worksheet
1
Record the stock dividend.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
September 01
Record entry
Clear entry
View general joumal
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