Business
Business, 09.02.2021 02:20, ghernadez

Green Day Corporation has outstanding 500,000 shares of $10 par value common stock. The corporation declares a 70% stock dividend when the fair value of the stock is $45 per share. Prepare the journal entries for Green Day Corporation for both the date of declaration and the date of distribution.

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Green Day Corporation has outstanding 500,000 shares of $10 par value common stock. The corporation...

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