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Category > Accounting Posted 06 Dec 2019 My Price 4.00

sandals, Inc

On June 30, the bonds of directors of sandals, Inc., declares a 100% stock dividend on its 22000, $1 par, common shares. The market price of sandals common stock is $27 on June 30. Record the stock dividend. (If the no entry is required for a transaction/event, select “No journal entry required” in the first account field.)

 

 

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SmartExpert
(118)
Status NEW Posted 06 Dec 2019 10:12 AM My Price 4.00

san-----------dal-----------s, -----------Inc-----------

Attachments

file 1575627937-891266_1_answer-5.xls preview (14 words )
-----------Sto-----------ck -----------div-----------ide-----------nd2-----------200-----------0Pa-----------r c-----------omm-----------on -----------sha-----------re -----------1St-----------and-----------als----------- co-----------mmo-----------n s-----------toc-----------k27-----------1%S-----------OLU-----------TIO-----------N :-----------220-----------001-----------220-----------200-----------001-----------200-----------Tra-----------nsa-----------cti-----------onG-----------ene-----------ral----------- Jo-----------urn-----------alD-----------ebi-----------tCr-----------edi-----------t1S-----------toc-----------k d-----------ivi-----------den-----------ds2-----------200-----------0Co-----------mmo-----------n S-----------toc-----------k22-----------000-----------
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