At the beginning of 20x5,Spur Corporation had 68,000 shares of $10 par value common stock issued and outstanding.During January 20x5,Spur declared and distributed a 10 percent stock dividend.The market value of Spur's stock was $25 throughout the month of January.The entry to be recorded for the declaration of stock dividend is

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The Answer of At the beginning of 20x5,Spur Corporation had 68,000 shares of $10 par value common stock issued and outstanding.During January 20x5,Spur declared and distributed a 10 percent stock dividend.The market value of Spur's stock was $25 throughout the month of January.The entry to be recorded for the declaration of stock dividend is

At the Beginning of 20x5,Spur Corporation Had 68,000 Shares of $10