Richman Corporation has 120,000 shares of $5 par value
common stock outstanding. It declared a 10% stock dividend
on June 1 when the market price per share was $12. The
shares were issued on June 30.
Instructions: Prepare the necessary entries for
the declaration and payment of the stock dividend.


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

What is the difference between perpetual & periodic inventory system?

0 Answers  


Explain me the basic accounting equation?

0 Answers  


Tell us do you have any idea about service tax or excise?

0 Answers  


wt is Bank Guarantee?wt the pr0 cedure of BG

1 Answers  


what is one way , two way matching , three way , four way matching ?

0 Answers  






10 tv's purchased from x- company for cash out of that one tv is damaged what is the entry we done in tally?

7 Answers   Genpact,


what is accrual concept?

7 Answers   Capital IQ, Genpact, TCS,


I want to be an accountant so what so i do for been a good accountant...please tell me as soon as possible

3 Answers  


claim of workers pf esic contribution as expenditure in profi & loss a/c under head manufacturing or Administrative exp ?

2 Answers  


payment voucher for advance salary

0 Answers  


Recent banking question for 2015 interview for scale2 exam of sbm

0 Answers   IBM, State Bank of Mysore SBM,


machinery purchase of 10000 plus transportation 800 what will be the journal entry

2 Answers   Air Smart HVAC Solutions, SS Solutions,


Categories