Business, 09.10.2019 21:00 milkshakegrande101

Mustang corporation had 100,000 shares of $2 par value common stock outstanding. on december 31, 2018, the company's board of directors declares a 20 percent stock dividend. this stock dividend will be distributed on january 20, 2019 to the stockholders of record on january 15, 2019. the market price of the company's stock is $10 per share on december 31, 2018. complete the necessary journal entry to record the declaration of the stock dividend by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

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Mustang corporation had 100,000 shares of $2 par value common stock outstanding. on december 31, 201...

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