Green Day Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a
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Green Day Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend when the fair value of the stock is $65 per share. Prepare the journal entries for both the date of declaration and the date of distribution
Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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