On January 1, 2019, Frederick Corporation had 200,000 shares of common stock outstanding with a par value of $5 per share.
On January 1, 2019, Frederick Corporation had 200,000 shares of common stock outstanding with a par value
of $5 per share. On March 31, Frederick Corporation authorized a 10% stock dividend when the market value was $18 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.”
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
