On January 5, 2020 Ogio Company had 300,000 shares of $30 par value and a market price of $35 per share. On the same date company decided to pay a stock dividend of 25%. Stock Dividends are delivered on 5" of February 2020. 

Prepare the journal entries for the 5* of January, and 5 of February. Please use only one of the methods we learned and state which one you are using. (US or European).

Answer rating: 100% (QA)

Journal entries US method On 5th January Retained Earnings 2625... View the full answer