Oriole Corporation has 96,700 common shares that have been issued. It declares a 5% stock dividend on December 1 to shareholders of record on December 20. The shares are issued on January 10. The share price is $14 on December 1, $13.50 on December 20, and $13.75 on January 10. Prepare the entries on the appropriate dates to record the stock dividend. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Date Account Titles Debit Credit

Oriole Corporation has 96,700 common shares that have been issued. It declares a 5% stock dividend on December 1 to shareholders of record on December 20. The shares are issued on January 10. The share price is $14 on December 1, $13.50 on December 20, and $13.75 on January 10. Prepare the entries on the appropriate dates to record the stock dividend. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Date Account Titles Debit Credit

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter12: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 18E: Stockholders' Equity section of balance sheet The following accounts and their balances appear in...

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Question

answer in text form please (without image), Note: .Every entry should have narration please

Oriole Corporation has 96,700 common shares that have been issued. It declares a 5% stock dividend on December 1 to shareholders
of record on December 20. The shares are issued on January 10. The share price is $14 on December 1, $13.50 on December 20, and
$13.75 on January 10. Prepare the entries on the appropriate dates to record the stock dividend. (List all debit entries before credit
entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts)
Date
Account Titles
List of Accounts
Debit
Credit
P

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