The shareholders’ equity of Raven Company is as shown:   RAVEN COMPANY Partial Balance Sheet 1 Common stock, $10 par $250,000.00 2 Additional paid-in capital on common stock 150,000.00 3 Retained earnings 200,000.00 4   $600,000.00       Raven is considering the declaration and issuance of a stock dividend at a time when the market price is $30 per share. Required: 1. Assuming the board of directors recommends a 6% stock dividend, prepare: a. the journal entry at the date of declaration b. the journal entry at the date of issuance c. shareholders’ equity after the issuance 2. Assuming, instead, that a 40% stock dividend is recommended, answer a, b, and c of Requirement 1

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Q: The shareholders’ equity of Raven Company is as shown:   RAVEN COMPANY Partial Balance Sheet 1…

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Q: The shareholders’ equity of Raven Company is as shown:   RAVEN COMPANY Partial Balance Sheet 1…

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Q: The shareholders’ equity of Raven Company is as shown:   RAVEN COMPANY Partial Balance Sheet 1…

A: The answer is as fallows

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A: In This numerical has covered the concept of Stock Dividend

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Q: The shareholders’ equity of Raven Company is as shown:   RAVEN COMPANY Partial Balance…

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