Business, 22.02.2020 01:40 f1refoxx

Bramble Corporation has 54,000 shares of $12 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $16. The dividend shares are issued on December 31.Prepare the entries for the declaration and distribution of the stock dividend. Prepare for Dec.1 and Dec.31. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Bramble Corporation has 54,000 shares of $12 par value common stock outstanding. It declares a 15% s...

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