Business, 25.04.2020 02:56 nommies005

On June 30, the board of directors of Sandals, Inc., declares and pays a 100% stock dividend on its 22,000, $1 par, common shares. The market price of Sandals common stock is $27 on June 30. Record the stock dividend. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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On June 30, the board of directors of Sandals, Inc., declares and pays a 100% stock dividend on its...

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