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This question was created from Quiz 1 ACCT II UMUC.docx

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This question was created from Quiz 1 ACCT II UMUC.docx https://www.coursehero.com/file/37267059/Quiz-1-ACCT-II-UMUCdocx/

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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."
 
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