FIN.ACCT-TOOLS F/DECI.MAKERS-TEXT+WILEY+
FIN.ACCT-TOOLS F/DECI.MAKERS-TEXT+WILEY+
9th Edition
ISBN: 9781119598312
Author: Kimmel
Publisher: WILEY C
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Chapter 11, Problem 11.14BE
To determine

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is inadequate cash available in the company.

To prepare: the journal entry the declaration of stock dividend on December 1 for Corporation S.

To determine

To prepare: the journal entry the distribution of stock dividend on December 31 for Corporation S.

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