Business, 16.10.2020 15:01 brittneyrost3722

Brief Exercise 14-03 Langley Corporation has 50,000 shares of $10 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $16. The dividend shares are issued on December 31. Prepare the entries for the declaration and issuance of the stock dividend

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Brief Exercise 14-03 Langley Corporation has 50,000 shares of $10 par value common stock outstanding...

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