FUND OF ACCT PRIN (LOOSE)+ACCESS CARD
FUND OF ACCT PRIN (LOOSE)+ACCESS CARD
25th Edition
ISBN: 9781264749812
Author: Wild
Publisher: MCG
Question
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Chapter 13, Problem 9QS
To determine

Concept Introduction:

Stock Dividend:

Stock Dividend is a corporate action taken to provide dividends to shareholders in the form of Stocks, its usually declared as a Percentage of Current outstanding shares, which will be issued at market value or par value, depending on percent of shares to be issued. In case the percentage is 20-25% it will be large stock dividend and will be distributed at par value.

Journal Entry for Declaration of Stock Dividend

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Chapter 13 Solutions

FUND OF ACCT PRIN (LOOSE)+ACCESS CARD

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