11. BASED ON 10. ABOVE, 4,000 IS FOR ASSEMBLY LINE WORKERS AND 2,000 IS FOR...
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Accounting
11. BASED ON 10. ABOVE, 4,000 IS FOR ASSEMBLY LINE WORKERS AND 2,000 IS FOR THE FACTORY SUPERVISOR.
12. PREPARE THE JOURNAL ENTRY TO RECORD THE DECLARATION OF A 10% STOCK DIVIDEND. THERE ARE 100,000 COMMON SHARES OUTSTANDING, PAR VALUE OF THE STOCK IS $3/SH AND THE SELLING PRICE OF THE STOCK IS $105/SH
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