Question: CALCULATOR FULL SCREEN PRINTER VERSION LAGE Brief Exercise 15-14 Pharoah Corporation has outstanding 446,000 shares of $10 par value common stock. The corporation deares a

 CALCULATOR FULL SCREEN PRINTER VERSION LAGE Brief Exercise 15-14 Pharoah Corporation

CALCULATOR FULL SCREEN PRINTER VERSION LAGE Brief Exercise 15-14 Pharoah Corporation has outstanding 446,000 shares of $10 par value common stock. The corporation deares a 100% stock dividend when the fair value of the stock is 566 per share. Prepare the journal entries for both the date of declaration and the date of distribution. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Declaration Date Distribution Date Click if you would like to show Work for this question: Open Show Work

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