What is the amount of interest expense for the first semiannual interest period?

May 18th, 2015
Business Finance
Price: $10 USD

Question description

corporation had 10,000 shares of $10 par value common stock outstanding. board of directors declared stock dividend of 3,000 shares. At the time of the stock dividend, the market value per share was $12. The entry to record this dividend is:

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