On January 1, 2016, Alpha Corporation had 200,000 shares of common stock outstanding with a par value of $3 per share. On March 31, Alpha Corporation authorized a 10% stock dividend when the market value
On January 1, 2016, Alpha Corporation had 200,000 shares of common stock outstanding with a par value of
$3 per share. On March 31, Alpha Corporation authorized a 10% stock dividend when the market value was $10 per share. Use this information to prepare the General Journal entry (without explanation) for March 31. If no entry is required then write “No Entry Required.”
Question #7: General Journal: Date Accounts Debit Credit Question #8: General Journal: Date Accounts Debit Credit 1/2/16 1/15/16 Question #9: General Journal: Date Accounts Debit Credit 1/2/16 Question #10: General Journal: Date Accounts Debit Credit 9/1/16 Question #11: General Journal: Date Accounts Debit Credit Question #12: General Journal: Date Accounts Debit Credit 1/2/16
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