Nutritious Pet Food Company’s board of directors declares a small stock dividend (30%) on June 30 when the stock’s market value per share is $29. At that time, there are 8,000 shares of $2 par value common stock outstanding (none held in treasury). What is the journal entry to record the declaration of the dividend? If an amount box does not require an entry, leave it blank. June 30 fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6 fill in the blank 8 fill in the blank 9
Nutritious Pet Food Company’s board of directors declares a small stock dividend (30%) on June 30 when the stock’s market value per share is $29. At that time, there are 8,000 shares of $2 par value common stock outstanding (none held in treasury). What is the journal entry to record the declaration of the dividend? If an amount box does not require an entry, leave it blank. June 30 fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6 fill in the blank 8 fill in the blank 9
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 13EA: Nutritious Pet Food Companys board of directors declares a small stock dividend (20%) on June 30...
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Nutritious Pet Food Company’s board of directors declares a small stock dividend (30%) on June 30 when the stock’s market value per share is $29. At that time, there are 8,000 shares of $2 par value common stock outstanding (none held in treasury).
What is the
June 30 | fill in the blank 2 | fill in the blank 3 | |
fill in the blank 5 | fill in the blank 6 | ||
fill in the blank 8 | fill in the blank 9 |
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