On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend...
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Accounting
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 27,000, $18 par, common shares. The market price of the common stock is $47 on this date.
1. Record the stock dividend assuming a small (10%) stock dividend 2.Record the stock dividend assuming a large (100%) stock dividend. 3.Record the stock dividend assuming a 2-for-1 stock split.
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