Prepare appropriate general journal entries for each of the following transactions for Mainstream Technologies, InC.Mar. 25
Declared a 10% stock dividend to common shareholders. The market value of the common stock is $12 per share. The par value is $10. There are 100,000 shares of common stock currently outstandinG.Apr. 1
Issued the stock certificates for the stock dividenD.July 31
Declared a two-for-one stock split.

Question

Prepare appropriate general journal entries for each of the following transactions for Mainstream Technologies, InC.Mar. 25
Declared a 10% stock dividend to common shareholders. The market value of the common stock is $12 per share. The par value is $10. There are 100,000 shares of common stock currently outstandinG.Apr. 1
Issued the stock certificates for the stock dividenD.July 31
Declared a two-for-one stock split.
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Quizplus · Accepted Answer

The Answer of Prepare appropriate general journal entries for each of the following transactions for Mainstream Technologies, InC.Mar. 25
Declared a 10% stock dividend to common shareholders. The market value of the common stock is $12 per share. The par value is $10. There are 100,000 shares of common stock currently outstandinG.Apr. 1
Issued the stock certificates for the stock dividenD.July 31
Declared a two-for-one stock split.
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Prepare Appropriate General Journal Entries for Each of the Following