Question: Fowler, Inc., declared a 4 percent stock dividend on its 750,000 shares of common stock. The $10 par value common stock was originally sold for

Fowler, Inc., declared a 4 percent stock dividend on its 750,000

Fowler, Inc., declared a 4 percent stock dividend on its 750,000 shares of common stock. The $10 par value common stock was originally sold for $14 and was selling at $17 at the time the stock dividend was declared. Prepare the general journal entries to record and distribute the stock dividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record declaration of stock dividend. Note: Enter debits before credits

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