Decides to distribute an 8 stock dividend when the market
On July 1st, 2014, Mallard Corporation has 100,000, $1 common shares of stock and decides to distribute an 8% stock dividend when the market price of the stock is $5 per share. Journalize the entry on the declaration date of the dividend.
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on july 1st 2014 mallard corporation has 100000 1 common shares of stock and decides to distribute an 8 stock dividend
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