On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par. common shares. The market price of the common stock on this date is $18. Record the stock dividend....


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On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par. common shares. The market price<br>of the common stock on this date is $18.<br>Record the stock dividend. (If no entry Is requlred for a partlcular transactlon/event, select

Extracted text: On September 1, Twister Enterprises declares and pays a 100% stock dividend on its 13,000, $1 par. common shares. The market price of the common stock on this date is $18. Record the stock dividend. (If no entry Is requlred for a partlcular transactlon/event, select "No Journal Entry Requlred" In the first account fleld.) View transaction list Journal entry worksheet 1 Record the stock dividend. Note: Enter debits before credits. Transaction General Journal Debit Credit September 01 Record entry Clear entry View general joumal

Jun 11, 2022
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