Question: problem # 7 Prepare entries in general journal form for the following transactions: (15pts) e board of directors declares a 10% stock dividend on 15,000

problem # 7 Prepare entries in general journal form for the

problem # 7 Prepare entries in general journal form for the following transactions: (15pts) e board of directors declares a 10% stock dividend on 15,000 shares of $30 par common . a. Th stock outstanding when the fair market value of the stock is $33. b. Distributed the stock dividend declared in Transaction a. c. The board of directors declares a cash dividend of $0.60 per share. d. Paid the cash dividend declared in Transaction c. e. The board of directors votes to split the stock 5 for 1

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