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Business, 09.10.2019 00:30 ryanez5306
Element bancshares has 31,000 shares of $ 10 par value common stock outstanding. suppose element declares and distributes a 12 % stock dividend when the market value of its stock is $ 24 per share. journalize element's declaration and distribution of the stock dividend on may 11. an explanation is not required. what was the overall effect of the stock dividend on element's total assets? on total liabilities? on total stockholders' equity?
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Element bancshares has 31,000 shares of $ 10 par value common stock outstanding. suppose element dec...
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