### InstructionsPro-Builders Corporation has 242,000 shares of $45 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 2% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $48 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 titles.### Journal| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT ||------------|--------------------|-------------|----------|----------|| | | | | || | | | | || | | | | || | | | | || | | | | |(Note: The table provides a structured format for journal entries including columns for the date, description, posting reference, debit, and credit amounts.)Ensure to fill in the required entries based on the dates and the transactions provided in your coursework or the instructions given above.For an educational website, it is important to remind students to refer to their accounting textbook or chart of accounts for proper categories and description names when making journal entries.

Pro-Builders Corporation has 242,000 shares of $45 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 2% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $48 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 titles. Journal JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT DATE

Pro-Builders Corporation has 242,000 shares of $45 par common stock outstanding. On September 2, Pro-Builders Corporation declared a 2% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $48 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 titles. Journal JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT DATE

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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