Question

Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend mentioned in requirement 2 of E11-12.
Refer E11-12
Common stock (par $10; authorized 60,000 shares, outstanding 25,000 shares).. $250,000
Additional paid-in capital………………………………………………………….. 12,000
Retained earnings………………………………………………………………….. 75,000


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  • CreatedNovember 02, 2015
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