On January 1 Stella Company began operations by issuing 13,000 shares of $3 par value stock for
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Question:
On January 1 Stella Company began operations by issuing 13,000 shares of $3 par value stock for $10 per share.
On June 30th they declared a $0.25 per share dividend to shareholders of record on July 15th , payable July 30th.
Prepare all journal entries for the above transactions.
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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