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Title: On May 31, Mason Corporation has the following stockholders' equity:Common Stock, $12 par value, ... Post by: majestico on Jun 6, 2017 On May 31, Mason Corporation has the following stockholders' equity:
Common Stock, $12 par value, 8,000 shares issued and outstanding $96,000 Retained Earnings 20,000 Total Stockholders' Equity $116,000 The board of directors declared a 10% stock dividend on June 5 to the stockholders of record on June 15. The stock is to be distributed on June 30. On the date of declaration, the stock had a market value of $15 per share. Prepare the appropriate journal entries for these transactions. Title: Re: On May 31, Mason Corporation has the following stockholders' equity:Common Stock, $12 par ... Post by: Laffio on Jun 6, 2017 Content hidden
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