19 The shareholders' equity of Core Technologies Company on June 30, 2020, included the following: Common stock, $1 par;

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19 The Shareholders Equity Of Core Technologies Company On June 30 2020 Included The Following Common Stock 1 Par 1 (57.16 KiB) Viewed 10 times

19 The shareholders' equity of Core Technologies Company on June 30, 2020, included the following: Common stock, $1 par; authorized, 5 million shares; issued and outstanding, 1 million shares Paid-in capital-excess of par Retained earnings Complete this question by entering your answers in the tabs below. Stock Dividend On April 1, 2021, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $20 on April 1, 2021, and $30 on June 1, 2021. Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. General Journal Complete the below table to calculate the stock dividend. Stock Dividend Number of outstanding shares Stock dividend percentage (%) Number of shares to be issued $1,000,000 4,000,000 8,000,000 < Prev % 13 of 15 Save & Exi Next > Submit Check my work