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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 28
Accounting for a stock dividend
Return to the Yummy, Inc., data in Short Exercise 13-3. Assume instead that the December 15, 2012 stock dividend was 45%.
Requirements
1. Journalize the stock dividend.
2. How many shares of common stock are outstanding after the dividend
Return to the Yummy, Inc., data in Short Exercise 13-3. Assume instead that the December 15, 2012 stock dividend was 45%.
Requirements
1. Journalize the stock dividend.
2. How many shares of common stock are outstanding after the dividend
Explanation
Verified
Verified
2. Common stock represents the basic own...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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