I cant figure out how to journalize the transaction of: How to answer this quest
ID: 2502299 • Letter: I
Question
I cant figure out how to journalize the transaction of:
How to answer this question is giving me a hard time, How do I know how much commom stock outstanding there is?
Oct. 1. A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $36.
Explanation / Answer
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