Business, 20.07.2020 01:01 monae2597

Bramble Corp. has 330,000 shares of $10 par value common stock outstanding. It declares a 14% stock dividend on December 1 when the market price per share is $16. The dividend shares are issued on December 31. Required:
Prepare the entries for the declaration and distribution of the stock dividend. Prepare for Dec.1 and Dec.31.

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Bramble Corp. has 330,000 shares of $10 par value common stock outstanding. It declares a 14% stock...

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